EU finance ministers are expected to agree on a general approach on the directive on value added tax (VAT) rules for distance selling of imported goods and VAT on imports at the Ecofin Council meeting on Tuesday 13 May (see other news).
Presented in May 2023 by the European Commission, the directive is part of the reform of the customs union (see EUROPE B13184A4). Its aim is to facilitate the collection of VAT on the millions of low-value parcels that arrive at the EU’s borders every...