EU Economic and Financial Affairs Council Agrees on Directive for New VAT Rules Making Foreign Traders and Platforms Liable for VAT on Imports
During its meeting on 13 May 2025, the EU Economic and Financial Affairs Council reached agreement on a directive for new VAT rules for distance sales of imported goods and import VAT. The new rules will improve the collection of VAT on imported goods by making suppliers (foreign traders and platforms) liable for the VAT paid on import, giving them an extra incentive to use the VAT import one-…
Continue Reading