EU 2021 VAT changes - selling via online marketplaces

As outlined by Anna Junghardt, the European Union is introducing sweeping reforms to the EU VAT law, which will impact B2C e-commerce sellers and marketplaces as of 1 July 2021.

An online marketplace that “facilitates” certain sales will soon be subject to the deemed supply rules in the European Union (EU). The EU is introducing the reforms to the value added tax (VAT) rules that will affect sellers that sell via online marketplaces beginning 1 July 2021. As of 1 July 2021, an online marketplace (referred to as an “electronic interface” in the EU VAT law) that “facilitates” (as also defined by the EU VAT law) the following sales will be subject to the deemed supply...

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Published Date: 23 April 2021