What are the different options available to sellers’ for VAT compliance?
Value added tax or commonly known as VAT is collected uniformly by all sellers of goods and services at every stage of the supply chain. Therefore, every party involved in the product contributes to the… Continue Reading
Import One Stop Shop (IOSS) FAQs: Your Questions Answered
What is the IOSS? As part of the EU VAT eCommerce package, the European Commission introduced the Import-One-Stop-Shop (IOSS) to simplify VAT obligations on distance sales of imported goods. With the new VAT rule as… Continue Reading
How the New EU VAT Rules Affect Online Marketplace from July 2021?
The European Union effective 1st July 2021, is implementing the new EU-VAT e-commerce for its operations. Under the new provisions, apart from the regular sellers, online marketplaces also come under the precincts of… Continue Reading
EU Digital Single Market Strategy: An Explainer
More often than not, EU consumers and businesses face unique challenges that prevent them from utilizing the benefits of digital tools and technologies to the fullest. Typical challenges include restricted access to services/goods, excessive VAT/tax… Continue Reading
The 2021 EU VAT eCommerce Package: What is changing?
To facilitate and simplify VAT obligations for eCommerce sellers, the European Commission has introduced significant changes to VAT rules which will take effect on 1st July, 2021. The new EU eCommerce VAT rules will impact… Continue Reading
New EU VAT Rules for eCommerce Businesses – An Explainer
The much awaited New European Union cross-border VAT e-commerce will effectively come to force on 1st July 2021. Due to the pandemic the EU has deferred implementing the new VAT rules from 1 January… Continue Reading
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