The EC draws attention to the new VAT rules for online shopping
According to the information, the European Union’s VAT system was last updated in 1993, so the system did not keep pace with the growth of cross-border e-commerce. The coronavirus pandemic has also further accelerated the recovery of online retail, making it necessary to ensure that VAT on online sales is paid to the consumer’s country of residence. (MTI)
Related news
Ministry of Agriculture: Our country continues to stand for effective plant and animal protection
Brussels must not endanger the competitiveness of farmers in the…
Read more >The European Commission demands the abolition of margin squeeze
The European Commission has launched infringement proceedings against Hungary over…
Read more >European Commission launches public consultation on modernising EU animal welfare legislation
The European Commission is seeking citizens’ views on the impact…
Read more >Related news
The number of residential air conditioners in Hungary could increase by one million – so let’s choose wisely
The number of household air conditioners in Hungary has increased…
Read more >New Product Launches In Spain Hit New Low, Study Finds
Innovation in Spain’s FMCG sector is at a record low,…
Read more >Auchan Romania Rolls Out Bulk Collection For Deposit Return System
Auchan Romania has introduced a new bulk collection system at…
Read more >