Dues to new rules for cross-border online trade between the EU and third country’s prices for parcel shipments to the EU may rise. As of July 1, shipments of goods from outside the EU are no longer exempt from import VAT. Until now, they were exempt as long as the value of the goods did not exceed 22 euros. In the future, the respective VAT rate of the EU destination will apply to every parcel arriving in the EU. Additionally, as of July 1, the threshold of 10,000 euros in total for the EU to incur VAT will drop.
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