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EU 2021 e-Commerce VAT Package

On 1 January 2021, the 27 member states of the European Union (EU) will introduce sweeping reforms to the VAT obligations for B2C e-commerce sellers and marketplaces. This will include: the OSS single...Continued

EU 2021 One Stop Shop (OSS) VAT return for e-commerce

At the heart of the 2021 e-commerce EU VAT reboot is the introduction of the One-Stop-Shop (‘OSS’) single EU VAT return. This will enable distance selling e-commerce merchants to avoid multiple foreig...Continued

EU 2021 ending €22 import VAT exemption; new Import OSS return

In 2021, the EU will end the €22 small parcel import VAT exemption. VAT will instead be due at the point-of-sale. To facilitate this, a new Import One Stop Shop (IOSS) filing will be introduced to rep...Continued

EU 2021 marketplaces VAT deemed supplier rules

From 2021, the EU will make online marketplaces responsible for the VAT - the deemed supplier - on some of their sellers transactions. They will be responsible for charging and collecting VAT from the...Continued

UK warns on Brexit import VAT & customs controls 31 Dec 2020

The UK government has confirmed plans to introduce full import controls and import VAT on goods coming from the EU after the end of the 11-month Brexit transition period on 31 December 2020....Continued

Greece VAT electronic cash registers June 2020

Greece has confirmed the will require all retail cash transactions to be recorded by certified VAT electronic cash registers from 6 June 2020....Continued

Fiji VAT on e-services provided by remote sellers

The Fijian VAT Bill 2020 includes a provision to impose VAT on the non-resident providers of digital services to consumers. This extends to facilitating online marketplaces which take receipt of payme...Continued

Venezuela hikes VAT on foreign currency settlements

Venezuela is to introduce a new, higher VAT rate for transactions settled in foreign currencies or cryptocurrencies....Continued

UK pauses Brexit advanced VAT registrations

The UK’s HMRC has paused foreign businesses advance UK VAT registering in preparation for the UK leaving the EU VAT regime. This was a measure introduced in 2019 in preparation for a potential no-deal...Continued

Chile imposes VAT on foreign electronic services

Chile has become the latest country to impose VAT collections obligations on non-resident providers of electronic services to consumers. The Senate has now approved a new law which will oblige VAT reg...Continued