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New EU VAT on e-Commerce legislation and its impact on your VAT-exemption status in 2021

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New EU VAT on e-Commerce legislation and its impact on your VAT-exemption status in 2021

With changes introduced through the EU VAT on e-Commerce Package (EU VOEC) from July 1, 2021, EU-based selling businesses are liable for VAT in the member state to which they dispatch products, if the value of their cross-border business-to-consumer (B2C) distance sales shipped from their country of establishment exceeds a cross-EU annual threshold of 10,000 EUR.

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