The European Commission proposes to delay the 2021 VAT e-commerce package and OSS to July 2021. The European Commission has proposed that the implementation of the 2021 VAT e-commerce package, which was due to come into force on 1 January 2021, should be delayed until 1 July 2021 in light [...]
From 2021, business-to-consumer (B2C) sellers can file a single EU VAT return through the One-Stop-Shop (OSS), alongside domestic VAT return for all EU sales. At the same time, an EU-wide B2C selling threshold of €10,000 will replace those of all Member States. Let us be your guide. In our latest whitepaper, we outline practical steps that your business can make to prepare.
It’s a difficult time for many companies, and concerns around health, the security of staff and the long-term economy of the future are making business as usual difficult to contemplate for many. The measures introduced by many EU Tax authorities are easing the immediate burden for businesses that trade cross [...]
The European Commission amended VAT regulations allowing Member States to ready themselves for the introduction of the One Stop Shop (OSS); set to launch on 1 January 2021. The Commission expanded VAT rates published on their web portal. Current Rules Under existing rules, Member States may publish on the EU’s [...]