30 June 2017
The EU Parliament’s Committee on Economic and Monetary Affairs (ECON) is proposing to make online marketplaces liable for the VAT on certain online sales of imported goods made by non-EU merchants via their portals.
It is hoped that this will reduce VAT fraud which is rife in this industry and, if accepted, it would only apply where the imported goods are at a value of less than €150 and the intermediary has an annual turnover of over €1M (or the equivalent in national currency).
LATEST NEWS
France clarifies e‑invoicing and e‑reporting...
France has updated its enforcement rules relating to the September 2026 introduction of mandatory e‑invoicing and e‑reporting for VAT registered...
SEE MORE
LATEST NEWS
Spain confirms new timeline for the introduction of...
The Spanish Council of Ministers recently approved a Royal Decree mandating the use of electronic invoicing in all business-to-business (B2B) transactions...
SEE MORE
LATEST NEWS
EU member states push for the introduction of a €2...
The EU Council are currently negotiating the introduction of a €2 customs handling fee on low‑value imports (under €150), with an initial start date of...
SEE MORE