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ยฉ 2026 VATfaqs.com - Global VAT News

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    European Union

    Tax Automation for Marketplaces: Turn Compliance into Revenue

    Fonoa ยท 3 days ago

    The blog explains how embedding tax automation into marketplace platforms can unlock revenue, reduce risk, and support compliance across multiple jurisdictions. It outlines platform reporting obligations in the EU (DAC7), UK, Mexico, Canada, Australia, and other countries, and highlights the benefits of integrated tax services for sellers and platform operators.

    European Union

    EU Customs to scrap โ‚ฌ150 import threshold opens up marketplace customs VAT liabilities 2028

    VatCalc ยท 3 days ago

    The EU will eliminate the โ‚ฌ150 customs and VAT threshold for lowโ€‘value consignments from Marchโ€ฏ2028, making eโ€‘commerce platforms the deโ€‘emed importers responsible for all duties and VAT. A single EU Customs Authority and a Customs Data Hub will be established to centralise and simplify customs procedures, with the new regime expected to raise โ‚ฌ1โ€ฏbillion in revenue annually.

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