How are the recent changes in EU legislation affecting international trade?
With more EU countries following EU legislation in their practice, non-EU companies can no longer act as the exporter for customs purposes. This is making it more complicated for entities not established in the European Union – including Swiss principal companies − to deal with their customs processes in the EU. On the other hand, from a VAT perspective they can be still the entity that takes care of the VAT exemption export and has to verify it later on.
In the first part of our webinar, we will look more closely at these changes in the EU customs environment and the solutions available to deal with them.
In the second part we’ll be examining the VAT and customs implications of the new Incoterms 2020 rules and best practice solutions to make sure that your indirect tax set-up is aligned and compliant with varying local requirements and tax authority interpretations.
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