financial, analysis, accounting

E-commerce VAT Package: Let’s Get Ready for July 1st 2021!

PART 1 – THE NEW IMPORT SCHEME (IOSS) FOR EU AND NON-EU SELLERS On July 1st 2021 the EU E-Commerce VAT Package(1) enters into force.  EU and non-EU businesses are getting ready in order to get the most out of the new system of filing, collecting and paying VAT in the EU.  The new system …

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