Author: Andreu Bové, Partner of Bové Montero y Asociados On 1 July, the scope of the so-called “”One Stop Shop” for VAT will be extended. Currently this “one-stop” tax collection system is already being used for certain telecommunication services. The implementation of this new “One Stop Shop (OSS)” system has as its main…
On 1st January 2021, changes to e-commerce legislation in the UK came into effect. Following on from these, on 1st July 2021, the EU will change the VAT-legislation on e-commerce, bringing in a new set of rules, with different implications for distance sellers acting from within or outside of the EU. If your business…
The new e-commerce VAT rules will enter into force in Europe on 1 July 2021 and aim to regulate online sales of goods and services from businesses to consumers (B2C) within the European Union. Currently, EU taxation of online sales is based on a threshold system: if a business exceeds a certain sales threshold in…
The new e-commerce VAT rules will enter into force in Europe on 1 July 2021 and aim to regulate online sales of goods and services from businesses to consumers (B2C) within the European Union. As the date approaches, the new regulation is generating uncertainty as it will affect all online sellers, digital platforms or marketplaces,…