On 5 December 2017, the Council of the EU adopted new rules to make it easier for online businesses to comply with VAT obligations as part of the EU's 'digital single market' strategy, as well as rules to reduce fraud. The new rules:
- Extend the existing Mini One Stop Shop (MOSS) system for the VAT registration of distance sales and establish a new portal for distance sales from third countries with a value below EUR150;
- Introduce a simplification For start-ups and SMEs, which allows a busin…