In 2021 the European Union has made drastic changes to the way it expects international sellers to process shipments bound for any of its member states. Whereas prior to July 2021, low value shipments (below an average threshold value of around 22 Euro) were able to be imported into the union tax and duty free, now even these shipments will be being taxed. In addition to these sweeping changes in the tax/duty threshold, sellers who wish to continue importing must collect VAT directly for all customer orders valued below 150 Euro. However, while the European Union’s official messaging suggests this should be a simple and easy transition, anyone who decides to navigate the process will discover this isn’t so. For starters, it makes sense to first break-down sellers into two categories: Marketplace sellers Direct sellers Compliance to the new rules differs greatly depending on which category you belong to. Marketplace…
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