Significant changes in Import One Stop Shop

Background on Import One Stop Shop (IOSS) Basically, IOSS is a system, through which value added tax (VAT) for import distance sales within the EU can be declared and paid electronically. Subsequently, the obligation to register in the country of destination no longer necessary for suppliers from third countries. Goods with a value of up […]

read more

COVID-19: Update on the cash register reporting obligation

Due to current developments, we would like to draw your attention to the fact that no additional notification of the tax office is required in relation to the cash register reporting obligation, if the suspension of business activity is merely temporary (e.g. temporary closure due to the coronavirus prevention measures). For the reporting requirements regarding […]

read more