Understanding the EU VAT Changes

As of July 1, 2021, the EU implemented new changes to e-commerce value-added tax (VAT) regimes, with the goals of simplifying cross-border trade, reducing the administrative costs of VAT compliance, enabling EU businesses to compete on equal footing with non-EU businesses, and ensuring that VAT is correctly charged under the destination principle.

Whether you’re a seller or marketplace, it’s important to understand the key pitfalls and planning possibilities of these new rules to avoid extra VAT costs and provide the best customer experience.

Our latest complimentary report on the latest EU e-commerce programs offers updated expert analysis on the new obligations and opportunities for global businesses.

To help you tackle the complexities of these changes, download this report for guidance on:

  • The One-Stop Shop (OSS)
  • The Import One-Stop Shop (IOSS)
  • Marketplace definitions
  • The Union scheme
  • The import scheme
  • Lifting the Low Value Consignment Relief (LVCR)
  • Abolition on distance selling thresholds
  • EU and Non-EU online selling

Download now.

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