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
EU: the application of international law is also an obligation in cyberspace
The Council of the European Union approved a statement on…
Read more >Polish Deputy Prime Minister: the EU-Mercosur cooperation agreement threatens Polish agriculture
The cooperation agreement to be concluded between the European Union…
Read more >NAV: the public should only order from reliable, well-known online stores
The National Tax and Customs Administration (NAV) advises the public…
Read more >Related news
Why are parcel locker providers getting stuck? This data points to the reasons
Parcel terminals are becoming increasingly popular: this year, nearly three-quarters…
Read more >Sustainability and health: the rise of plant-based dairy products in Hungary
In recent years, plant-based dairy alternatives have gained significant popularity…
Read more >Milk and dairy products are becoming more expensive: what is behind the price increase?
The price of milk and dairy products has increased significantly…
Read more >