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KPMG InfoCourier March 2018

KPMG InfoCourier March 2018

InfoCourier is a monthly newsletter which gives an overview of the latest changes in legislation.


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KPMG InfoCourier March 2018

Changes in e-commerce regulations

End of 2017 EU Member States adopted VAT e-commerce package that is composed of Council Directive 2017/2455, Council Regulations 2017/2459 and 2017/2454. The future changes concern mainly business to consumer transactions and importation of goods.Member states shall adopt measures that concern electronically supplied services in their national laws by 2019 and other measures by 2021.

Main changes:

  • One-stop-shop arrangement for the payment of VAT on telecommunications, broadcasting and electronically supplied services applies only to cross border supplies above EUR 10,000.
  • One-stop-shop arrangement for the payment of VAT at the destination is extended to intra-Community distance sales and distance sales of goods imported from third countries.
  • A taxable person who facilitates through the electronic interface (platform, portal, etc.) a distance sale of imported goods may deemed to be treated as the supplier of goods.
  • VAT exemption for imports of goods in a small consignment of negligible value (up to EUR 22) will be abolished. So regardless of the value of imported goods, VAT must be paid in the EU country where customer is located.

For further information, please contact Merike Oja, tax adviser, 

Changes in the Value-Added Tax Act

The bill of an Act to amend the Value-Added Tax Act (556SE), which we introduced in January’s InfoCourier, is in proceeding in Parliament. The Ministry of Finance has submitted further amendments to the draft. The amendments include further specification to the term of “building land”, revoke a provision under which plots acquired before 1 May 2004 are exempt from VAT and revoke exemption that currently applies to the transfer of the unit of emissions of greenhouse gases and related transactions.

For further information, please contact Merike Oja, tax adviser, 

© 2020 KPMG Baltics OÜ, an Estonian limited liability company and a member firm of the KPMG network of independent member firms affiliated with KPMG International Cooperative (“KPMG International”), a Swiss entity. All rights reserved.

KPMG International Cooperative (“KPMG International”) is a Swiss entity.  Member firms of the KPMG network of independent firms are affiliated with KPMG International. KPMG International provides no client services. No member firm has any authority to obligate or bind KPMG International or any other member firm vis-à-vis third parties, nor does KPMG International have any such authority to obligate or bind any member firm.

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