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
The new Import–One–Stop–Shop (IOSS): As part of the new EU VAT reforms for eCommerce businesses and online sellers, the European Commission introduced the Import-One-Stop-Shop (IOSS) for low value consignments imported and sold to buyers in… Continue Reading
Value Added Tax (VAT) is a kind of consumption tax. It is charged when value is added to the goods or services at every point of the supply chain up to the point of… Continue Reading
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 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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