The VAT-free threshold of 22 euros will end on 1 July
According to information sent to MTI by the National Tax and Customs Administration (NAV), the regulation of cross-border online trade resulted in a significant loss of revenue and had a serious impact on the budgets of the European Union and Member States, giving non-EU traders an undue advantage. The new regulation will make competition between EU and non-EU companies more balanced. (MTI)
Related news
A joint online petition was launched to protect farmers
In order to protect the farming community and maintain a…
Read more >Eurostat: packaging waste produced by EU residents decreased in 2022
In the European Union, 83.4 million tons of packaging waste…
Read more >In October, the economic performance of the Eurozone decreased slightly
In October, the economic performance of the Eurozone decreased modestly,…
Read more >Related news
Márton Nagy: Domestic consumption is strengthening
Domestic consumption is strengthening, internal demand and the performance of…
Read more >Eurozone inflation accelerated to 2 percent in October
On an annual level, the increase in consumer prices in…
Read more >KSH: in August, the product foreign trade surplus was 443 million euros
In August, the volume of exports decreased by 5.6 percent…
Read more >