• Skip to primary navigation
  • Skip to main content
  • Skip to primary sidebar
  • Skip to footer
  • Facebook
  • Instagram
  • LinkedIn
  • TikTok
  • Twitter
  • YouTube
CDE Almería – Centro de Documentación Europea – Universidad de Almería

CDE Almería - Centro de Documentación Europea - Universidad de Almería

Centro de Documentación Europea de la Universidad de Almería

  • HOME
  • WHAT´S ON
    • EU BULLETINS
    • EU NEWS
    • Activities
    • EU Calls and Awards
    • Radio Program «Europe with You»
  • DOCUMENTATION
    • Bibliographic Collection
      • Almería EDC Digital Collection
      • UNIVERSITY OF ALMERIA LIBRARY
    • Documentation by topic
    • EU Media Collection
      • Web Space
      • MEDIATHEQUE REPOSITORY
  • Europe on the net
    • Institutions
    • EU Representation in Spain
    • European information network of Andalusia
    • EU official journal
  • ABOUT US
    • Presentation
    • People
    • Contact
  • English
  • Spanish

New VAT rules for e-commerce in the EU

Inicio » EU News » Market » Economy and Finance » New VAT rules for e-commerce in the EU

1 de July de 2021

New value added tax (VAT) rules for online shopping came into force this week. This development comes in the context of efforts to ensure a more level playing field for all businesses, simplify cross-border e-commerce and introduce greater transparency for EU shoppers in terms of prices and choice.

The EU VAT system was last updated in 1993 and has not kept pace with the rise of international e-commerce, which has transformed the retail sector in recent years. The coronavirus pandemic has also accelerated the boom in online retailing and confirmed the need for reform to ensure that VAT due on online sales is paid to the consumer’s country. The new regulation also responds to the need to simplify life for both buyers and traders,

and will affect online sellers and marketplaces or platforms, both inside and outside the EU, postal and courier companies, customs and tax administrations, and consumers.

What is changing?

As of July 1, 2021, several aspects of the application of VAT to online sales will change, regardless of whether consumers buy from traders inside or outside the EU:

Under the current system, goods with a value of less than €22 imported into the Union by non-EU businesses are exempt from VAT. From tomorrow, this exemption will be abolished so that VAT will be applied to all goods entering the EU, as is the case for goods sold by EU companies. Studies and experience have shown that this exemption is being abused, as unscrupulous sellers from outside the EU misleadingly label shipments of goods, such as smartphones, to benefit from the exemption. This loophole allows these companies to gain an advantage over their EU competitors and costs EU public finances some €7 billion a year due to fraud, increasing the tax burden for other taxpayers.
Currently, e-commerce sellers have to have their VAT number in each member state where they have a turnover above a certain overall threshold, which varies from country to country. From July 1, these different thresholds will be replaced by a common EU threshold of EUR 10,000, above which VAT will be payable in the Member State where the goods are delivered. To simplify life for these businesses and make it easier for them to sell in other Member States, online sellers can now register on an electronic portal called “One Stop Shop”, where they can fulfill all their VAT obligations for their sales throughout the EU. This €10 000 threshold is already applicable to e-services sold online since 2019.

Instead of facing cumbersome procedures in other countries, they can register in their own Member State and in their own language. Once registered, the online retailer can declare and pay VAT on all its sales in the EU by means of a quarterly return submitted through the one-stop shop. The One-Stop-Shop will then transmit the VAT to the relevant Member State.

Similarly, the introduction of a one-stop import shop for non-EU sellers will allow them to easily register for VAT in the EU and ensure that the correct amount of VAT reaches the relevant Member State. For consumers, this brings much more transparency. When buying from a non-EU seller or platform registered at the one-stop shop, VAT should be included in the price paid to the seller, which will put an end to requests from customs or courier companies for additional payment on arrival of the goods in the country of residence, as the VAT will already have been paid.

Many companies outside the EU have already registered with the one-stop import shop, including the world’s largest online marketplaces.

New VAT rules for e-commerce – Online Sellers

More information

There is complete information, including tips and fact sheets for businesses and consumers, this specific website

Publicaciones relacionadas:

Macao: EU reports on political and economic developments in 2020 Nearly 70 billion euros in Spain’s Recovery Plan Post-COVID aid: Spain to receive 36.6 million euros Brexit Adjustment Reserve: MEPs want swift disbursement of €5 billion fund EIB and Banca March support spanish companies affected by the COVID-19 crisis

“This is a space for debate. All comments, for or against publication, that are respectful and do not contain expressions that are discriminatory, defamatory or contrary to current legislation will be published”.

Reader Interactions

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Primary Sidebar

Publicaciones relacionadas


Macao: EU reports on political and economic developments in 2020


Nearly 70 billion euros in Spain’s Recovery Plan


Post-COVID aid: Spain to receive 36.6 million euros


Brexit Adjustment Reserve: MEPs want swift disbursement of €5 billion fund


EIB and Banca March support spanish companies affected by the COVID-19 crisis

Footer

Logotipo en negativo del Centro de Documentación Europea de Almería
  • CDE Almería
  • Edificio Parque Científico-Tecnológico (Pita)
  • Planta: 1ª, Despacho: 2904120.
  • Ctra. Sacramento s/n. Almería (Spain)
  • Teléfono: (+34) 950 015266

HOME
NEWS
DOCUMENTATION
EUROPE ON THE NET
ABOUT US

  • LEGAL NOTICE
  • PRIVACY POLICY
  • COOKIE POLICY
  • ACCESSIBILITY
  • SITEMAP

Copyright © 2023 CDE Almería · Creative Commons LicenseThis work is licensed under a Creative Commons Attribution-NonCommercial 4.0 International License.

<p>El Centro de Documentación Europea de la Universidad de Almería utiliza cookies propias y de terceros para facilitar al usuario la navegación en su página Web y el acceso a los distintos contenidos alojados en la misma. Asimismo, se utilizan cookies analíticas de terceros para medir la interacción de los usuarios con el sitio Web. Pinche el siguiente enlace si desea información sobre el uso de cookies y como deshabilitarlas. ajustes</p>

Politica de privacidad

El Centro de Documentación Europea de la Universidad de Almería utiliza cookies propias y de terceros para facilitar al usuario la navegación en su página Web y el acceso a los distintos contenidos alojados en la misma. Asimismo, se utilizan cookies analíticas de terceros para medir la interacción de los usuarios con el sitio Web. Pinche el siguiente enlace si desea información sobre el uso de cookies y como deshabilitarlas. <a href="/politica-de-cookies" rel="noopener" target="_blank">Más información</a>

Cookies estrictamente necesarias

Las cookies estrictamente necesarias tiene que activarse siempre para que podamos guardar tus preferencias de ajustes de cookies.

Básicamente la web no funcionara bien si no las activas.

Estas cookies son:

  • Comprobación de inicio de sesión.
  • Cookies de seguridad.
  • Aceptación/rechazo previo de cookies.

Si desactivas esta cookie no podremos guardar tus preferencias. Esto significa que cada vez que visites esta web tendrás que activar o desactivar las cookies de nuevo.

Cookies de terceros

Esta web utiliza Google Analytics, Google Tag Manager y Yandex Metrika para recopilar información anónima tal como el número de visitantes del sitio, o las páginas más populares.

Dejar estas cookies activas nos permite mejorar nuestra web.

¡Por favor, activa primero las cookies estrictamente necesarias para que podamos guardar tus preferencias!

Política de cookies

Pinche el siguiente enlace si desea información sobre el uso de cookies y como deshabilitarlas. Más información