Global VAT Compliance offers you this unique free tool below, in order to evaluate your company’s VAT requirements after July 2021 as the new EU VAT rules are in effect.
For businesses outside the EU an IOSS intermediary will need to be appointed in order to register those businesses under IOSS.
The package contains: streamline the administrative procedure to fight tax fraud, to remove the threshold for the implementation of IOSS scheme and more
According to the first surveys conducted by E-commerce Europe, the IOSS scheme has provided benefits to e-commerce sellers, but it also needs to be improved as e-sellers encounter issues such as double taxation, IT functioning, different tax regimes and invoicing methods among the EU Member States.