New e-commerce rules in the EU

New Value-Added Tax (VAT) rules for online shopping enter into force later this week as part of efforts to ensure a more level playing field for all businesses, to simplify cross-border e-commerce and to introduce greater transparency for EU shoppers when it comes to pricing and consumer choice. The EU’s VAT system was last updated Read more about New e-commerce rules in the EU[…]

E-commerce still vulnerable to VAT and customs duty evasion

Many challenges in collecting correct amounts of VAT and customs duties on e-commerce remain to be resolved, according to a new report from the European Court of Auditors. In particular, EU controls are insufficient to prevent fraud and detect abuse, while enforcement of collection is still not effective. However, recent developments and new provisions for Read more about E-commerce still vulnerable to VAT and customs duty evasion[…]