The Council of the EU adopts new VAT rules for sales of imported goods

The directive aims to improve the collection of VAT on imported goods, by making suppliers responsible for VAT paid upon importation. This approach creates stronger incentives for suppliers outside the EU to start using the VAT import one-stop shop (IOSS) for VAT obligations such as reporting and collection. One significant change is the elimination of the 150 EUR threshold for IOSS, making it pos…
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