New taxes in European database
darren No Comments

The EU Commission has just published the new “Taxes in Europe database”, collecting all information on standard, reduced and zero VAT rates on all goods and services in EU Member States.

The taxes database will become extremely useful for online sellers once the OSS regime enters into force, as these companies will need to check the correct VAT rate of their products in the country of destination, even if they are not VAT registered in that country because of the OSS simplification.

It is also a significant improvement for all other traders operating internationally within the Europen Union, becoming the one stop reference for VAT rates in each Member State.

Share This:

Leave a Reply

Your email address will not be published. Required fields are marked *