The article focuses on the new One-Stop-Shop (OSS) declaration system introduced by Amazon for sellers in the European Union. This system aims to simplify the process of collecting and remitting VAT on cross-border sales. Sellers using Amazon’s platform can now opt to have Amazon handle the VAT registration, collection, and payment on their behalf, streamlining the compliance process for indirect taxes.
Source: eurofiscalis.com
Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.
