E-Commerce : cheap purchases from China is overOn July 1, the biggest EU-wide VAT reform since the creation of the Single Market in 1993 comes into force. Instead, they will be taxed at the VAT rate applicable in the respective EU country. That means the platform owes the sales tax and also pays it." In addition to the import VAT, customs duty may also be due, depending on the goods. Previously cheap purchases via Wish, Alibaba and Amazon from China could thus come to an end.According to customs, nothing will change for gift shipments from private individuals to private individuals.

Source: The Munich Eye June 30, 2021 11:48 UTC