New EU 2021 VAT Rules for Ecommerce
The European Union (EU) is making important changes to its value-added tax (VAT) rules, which come into effect on July 1, 2021.
From 1 July 2021 the value added tax (VAT) exemption for the importation of goods with a value not exceeding EUR 22 will be removed. As a result, all goods imported to the EU will be subject to VAT. The Import One-Stop Shop (IOSS) was created to facilitate and simplify the declaration and payment of VAT for distance sales of imported goods with a value not exceeding EUR 150.
From 1 July 2021, all commercial goods imported into the EU from a third country or third territory will be subject to VAT irrespective of their value. Thus, the buyer has to pay the VAT and usually a customs clearance fee charged by the transporter. Our product prices do not include all taxes. Thus, for EU buyers, we must require you to provide THE IMPORT ONE-STOP SHOP (IOSS) before sending your order in order to pay New EU 2021 VAT Rules for Ecommerce. Or the buyer must pay the value-added tax under the new EU rules when the package is cleared.
For information about EU VAT rates, please visit the website of the European Commission and the website of the national tax authority: