The VAT exemption for goods worth up to EUR 22 being imported into the EU will be abolished. This means all goods will then be subject to VAT irrespective of their value.
The Import One-Stop Shop (IOSS) is being made available to B2C suppliers from non-EU countries by all the EU member states in order to simplify the VAT settlement process. This will ease the process of declaring, collecting and paying VAT on distance sales (B2C) worth up to EUR 150.
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