Author Topic: New VAT tax on electronic transactions in Europe  (Read 1182 times)

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Hannibal

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New VAT tax on electronic transactions in Europe
« Reply #1 on: June 26, 2021, 01:12:51 AM »
Read this morning in media:


July 1st will be an important date for those who shop online.
From this date, the platforms will have to apply a VAT of 20% on all products coming from abroad. Previously, packages with a delivery price of less than € 22 were not subject to VAT. From now on, all packages coming from countries outside the European Union will be affected. And so, if you go to platforms like Alibaba or Amazon, now you will have to do a little math. If you buy a shirt that is offered to you at 30 €, when you go to finalize the order, you will see that the final amount will be 36 €. At this price...

VAT for e-commerce | Taxation and Customs Union (europa.eu)
« Last Edit: June 29, 2021, 04:23:01 AM by Hannibal »
Michel
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