Press Release

January 21, 2022

Navigating the EU VAT Regulations

On July 1st 2021, the European Union updated its value added tax (VAT) rules for eCommerce goods imported from outside the EU. The intention is to simplify and standardize the taxation of cross-border supplies of goods and services to ensure VAT on such supplies is paid correctly to the Member State in which the supply takes place. This white paper gives you a detailed overview of the impact for eCommerce businesses and online marketplaces.