EU delays 2021 e-commerce OSS VAT reforms to July 2021

The European Commission has proposed 8 May that the EU VAT e-commerce package, launching 1 January 2021, should be delayed by 6 months until 1 July 2021. The postponement is due to the disruption caused by the COVID-19 epidemic.

It is almost certain the EU Parliament and Council will adopt these proposals. Countries like Germany and the Netherlands were warning that they were behind on the reforms even before COVID-19 took hold in Europe in March.

The e-commerce package is aimed at reducing an estimated €5billion per annum in online VAT fraud, set to hit €7billion next year.

The package contains the following main measures:

Take advantage of IOSS with

Avalara's end-to-end IOSS solution

Sell to all 27 EU member states with just one VAT return. Get your business ready with Avalara’s end-to-end IOSS solution.

Recent posts
No search results for selected tag

Ecommerce Tax Trends Report 2022

Get a comprehensive look at the latest developments in the ecommerce industry.

Ecommerce Tax Trends Report 2022

Stay up to date

Sign up for our free newsletter and stay up to date with the latest tax news.