The European Commission is working on an integrated and innovative overhaul of EU rules governing e-commerce transactions from third countries.
Webinar: E- COMMERCE – DO WHAT YOU DO BEST AND OUTSOURCE THE REST! on Thursday, 10th June 2021 13:00-14:00 CET
Covid lockdown brought us shopping over internet only, extensive growth number of retail eshops for various kind of product and services. The share of e-shops in retail sales is currently 13,5%. Customers expectations of quality and speed of deliveries are increasing, the complexity of the logistic, order fulfilment etc is becoming more and more demanding.
The company internally created e-shop becomes a complicated project and needs to be managed well. Outsourcing can be a valuable solution.Read More »
PwC Global indirect tax webcast: e-commerce and digital economy 2021 update
16 March 2021 | 2pm –3pm GMT , 3pm – 4pm CET (Central Europe)
The incredible pace of change in indirect taxes in the areas of e-commerce and the digital economy shows no sign of slowing down. In this webcast we will focus on what we can expect from the UK, EU and North Americas.
EU – new e-commerce rules – fact sheets
The EU Commission has published fact sheets in relation to the new rules, please find the links below, they are very useful.
EU – implementation of new VAT e-commerce rules postpone till 1 July 2021
“The extension of the MOSS and the special provisions concerning the obligations of electronic interfaces will enter into force on 1 July 2021 as IT systems need to be adapted or developed.
EU: Details about e-commerce VAT package as from 1 of January 2021
The content of the VAT returns for suppliers or intermediaries subject to the new 2021 EU e-commerce rules was published together with instructions for the EU Member States
On 1 January 2021 the new EU e-commerce VAT package will come in force with the aim to ensure complete and correct taxation in the destination state.
EU: New e-commerce package for supply of goods as from 1 of January 2021 to ensure taxation in country of destination – “commissionaire structure”
VAT gap – missing VAT revenue within EU by companies who do not act in line with the local law, has been a challenge for many years. How would you manage to push foreign companies being resident on other continent without any physical presence in the country not caring about the law to register locally for VAT and pay whatever the government should get. This is quite difficult question and to find a pragmatical way which does not cost millions on control framework is not as easy.
AUSTRIA: E-Commerce Package from January 2021
The e-commerce package shall enter into force from 1 January 2021. The goal is to better ensure taxation in the destination state. At the same time, the simplifications for businesses (One-Stop-Shop), which avoids a VAT registration in every destination Member State, shall be extended.
AUSTRIA: Changes as from 2020 – Digital services tax on online advertising services and Obligation to keep records and liability for online platforms
Digitalization and the business models of “digital MNEs” present challenges for international taxation. At EU level, the proposed “Council Directive on the common system of a digital services tax on revenues resulting from the supply of certain digital services” has recently been rejected. On a global level, there are discussions on digital taxation within the G20/OECD with a view to developing digital PEs and a digital services tax. Nevertheless, some states have chosen not to wait for international solutions and have started to implement unilateral measures.Read More »
India – tax at source of electronic services at 1% as of 1 of October
The e-commerce space in India has always been subjected to scrutiny and litigation from an indirect tax perspective. With a view to monitor transactions done through e-commerce operators, the GST regulations have vested e-commerce players with additional compliance burden.