Cross-border VAT e-commerce is being modernised in the EU

cross border vat e commerce is being modernised in the eu | Cross-border VAT e-commerce is being modernised in the EU The new rules will come into force on 1 July 2021 but preparation can start right here, right now. Who is concerned ? Everyone in the e-commerce supply chain is affected, from online sellers and marketplaces/platforms both inside and outside the EU, to postal operators and couriers, customs and tax administrations, right through to consumers. What is changing?
From 1 July 2021, the VAT rules on cross-border business-to-consumer (B2C) e-commerce activities will change. The rationale for these changes is to overcome the barriers to cross-border online sales and address challenges arising from the VAT regimes for distance sales of goods and for the importation of low value consignments. Read more…

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