VAT news tagged as "Customs"


Non-EU e-retail faces 40% EU VAT & customs hikes

December 2nd, 2016

The European Union has announced this week that it will scrap the VAT and customs exemptions for small packages delivered by non-EU e-commerce businesses.  The change is scheduled for 2021. The change, aimed at raising €5bn in tax, could add up to 40% in taxes to deliveries, and push EU consumers to shop with local …


German warehouse VAT

January 27th, 2016

The European Court of Justice’s Advocate General (AG) has opined on a VAT treatment of goods held within customs warehouses. Eurogate Distribution GmbH and DHL Hub Leipzig GmbH Eurogate operated a German bonded warehouse to hold non-EU cleared goods destined for export from the EU for its customers. Eurogate failed to record these exports on …


Chinese VAT refunds for e-commerce exporters

January 16th, 2014

The Chinese Ministry of Finance has clarified the Chinese VAT refund process for Chinese online retailers selling outside of the country.  The new guidance covers Chinese enterprises selling via their own website or through the website platforms of others (e.g. Amazon). Currently, Chinese input VAT is levied at 17% along the production chain.  Import VAT …


Netherlands reduces VAT bank guarantees for importers

January 15th, 2014

The Netherlands has changed the methodology for the calculation of Dutch import VAT deferment bank guarantees, including setting maximum and minimum amounts. Dutch Article 23 VAT Deferment License Importers into the EU via the Netherlands may avoid the payment of Dutch import VAT at 21% through a highly attractive VAT deferment scheme. Known as an …


China VAT withdrawn for small companies

July 25th, 2013

The Chinese State Council announced yesterday that it will take small companies out of the China VAT net from 1 August 2013. Approximately six million businesses with an annual turnover of below 20,000 yuan (€3,000) will no longer be required to be China VAT compliant.  The move comes as the Chinese economy slows further, and …


French customs simplifies importing

December 7th, 2009

French Customs have recently introduced changes to Customs Import Declaration (SAD) which is part of earlier reforms on French VAT registration requirements for foreign importers. In September 2006, the French VAT authorities introduced an additional reverse charge derogation to help stem the colossal losses arising from VAT frauds. This change eliminated most of the scenarios …