EU cancels online shopping payment of non-EU countries
Release date: [2021/8/2]  Read total of [285] times

The German "Business Daily" reported on the 26th that many Europeans found that prices were expensive when e-commerce online shopping goods. The reason is that the European Union canceled the tax concessions from online shopping products from Non OU-OU countries from July 1. Previously, online shopping products entering the EU need to pay tariffs and value-added taxes. The price of goods is not more than 150 euros, it can be exempted from tariffs; the price is not more than 22 euros without paying value-added tax. According to the new regulations, the EU cancels the value-added tax exemption limit for non-EU online shopping products. This means that a 10 euro item is now required to pay nearly two euro tax tax.

The German government said that by increasing value-added tax, the German revenue can bring hundreds of millions of euros per year. The new section is to increase taxes, and on the other hand, it is also intended to support e-commerce in the EU. These e-commerce complained that the goods sent from China and other countries were cheaper than the local goods of the EU. The new regulations are mainly for non-EU countries e-commerce that are not registered in the EU countries. According to Germany media, Non Eu Lee E-commerce for selling goods in EU is mainly from China, USA. China e-commerce currently only registered in the German Taxation Bureau has nearly 50,000. These e-commerce do not have companies in Germany, but sell goods in Platforms such as Amazon Germany, eBay Germany. There are 2 in 3 overseas products sold in EBay Germany from China.