E-Commerce EU VAT rules were and will be subject to a number of significant changes which substantially effect the VAT treatment applicable to cross Border B2C supplies of goods and services. The first set of changes came into effect on 1 January 2019 and the second second, more wide ranging, set of changes shall be coming into effect from 1 July 2021 (postponed from 1 January 2021).This session will discuss briefly the background to such changes (also summarising the 2019 changes) and then move on to effect a detailed analysis of the 2021 VAT changes and the impact of these changes on the various involved parties, with the use of practical examples.The session will briefly revisit the 4 changes which came into effect in 2019 and then move on to focus in detail on the 2021 changes, namely:

• B2C supplies of services (other than TBE services)
• Intra EU Distance Sales of Goods
• Domestic supplies of goods facilitated by electronic interfaces
• Distance sales of goods imported from third countries (maximum €150)

Reference will be made to which type of transactions will be impacted and how with the use of practical examples which will explain both the technical aspect of the changes (the basis on which the VAT treatment will change due to the amendments/additions to the wording of the various provisions in the legislation) and well as the practical changes (the manner in which such transactions will have to start being declared by the various involved parties, including new obligations which various parties will be exposed too, as well as opportunities which may lead to less onerous compliance obligations for others).Questions from attendees will be encouraged to make the session more relevant for participants.

This seminar is eligible for the Membership Offer (MIT Members may attend 2 MIT seminars a year on a complimentary basis – Terms & Conditions Apply). To claim the offer for this seminar, select ‘MIT Members – Membership Offer’ as the price option. A participant’s eligibility for the offer claimed is subject to final confirmation by the Malta Institute of Taxation.