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EU July 2021 Ending €22 import VAT exemption; new IOSS return

Sorry, we will increase sale price to EU area!!! Because...   From 1 July 2021, EU states will withdraw the low-value consignment stock relief. This provides an import VAT exemption for goods at or below €22 originating from outside the EU being sold to EU consumers. This generally exemption typically applies to online purchases by EU shoppers buying goods from the US, China or elsewhere outside of the EU. The threshold is being withdrawn to provide a level playing field for EU online and traditional retailers who must charge VAT on all their sales to consumers.  It is part of the EU Action Plan for VAT and other reforms. Creating a ‘green lane’ for goods at or below €150 In the future,...

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