EU: Mini one stop shop 2015 – the basics & PwC's ebiz & ecommerce portal

25 May 2015 | Author: | Comments Off on EU: Mini one stop shop 2015 – the basics & PwC's ebiz & ecommerce portal

Under both VAT schemes businesses will to identify their customers as B2B or B2C, location  of their B2C customers and VAT at the rate of the country in which the is located.

Specifics of local VAT registrations

VAT registration is the default scheme it must be applied if MOSS is not or conditions for MOSS are not met). In case businesses will to register for VAT locally in every EU where their B2C customers submit VAT returns in accordance to the rules of each country, in each country’s currency, locally defined exchange deal with up to 28 different tax in their local languages, fiscal representatives and provide bank where required, etc.

Two different sub-schemes hide the common “MOSS” scheme – one for non-EU based business called “non-Union scheme”) and for EU based businesses (also “Union scheme”). Both have in common that are optional (i.e. business can between MOSS and local VAT and that as soon as MOSS is must be applied in all EU countries and choose” on individual country

Another important fact is MOSS can be only used to the output VAT (i.e. VAT due on sales of broadcasting and eservice). Input VAT

VAT charged by suppliers) can be recovered by means (in most cases via a VAT procedure, if applicable).

MOSS for business (“non-Union scheme”)

In a similar OSS (#8220;One Stop scheme is already available for sales of eservices by non-EU to their EU based B2C customers. note that the current OSS and future MOSS are not identical; 2014 OSS will not be used any instead MOSS will to be applied (in addition to eservices will be applicable also for and broadcasting services).

Non-EU business will be to freely choose the EU country, it wishes to register for MOSS. is also true today for the OSS We see in practice that the country of the OSS is usually chosen based on the used by the local tax authorities to with the taxable persons, on the approach of the tax authorities towards persons, how easy it is to submit the VAT return, etc.

We assume the reasoning might applicable after 2015, when the businesses will have to the country for their MOSS

If a non-EU business is registered for VAT anywhere in the EU (either mandatory or it will not be able to apply the scheme (nor can it apply OSS This limitation is applicable on basis #8211; meaning a local VAT registration of one company in a will not prevent other companies to use MOSS (same also for OSS today).

MOSS for EU business (“Union

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EU businesses will not be bound by the limitations to use MOSS only if are not locally registered for VAT in the EU. This is as they will be by default for VAT at least in the country where are established.

They will not be to freely choose the country of the registration; this will be the country of their establishment.

will be used only to report broadcasting and eservices sales to B2C customers and in the countries where the EU business is not or has a fixed establishment (e.g. it does not have a head or office).

The EU business will have to all other supplies (e.g. of goods and other services) by the of the regular VAT returns. Further, in where it is established or has a fixed it will have to report all its by the means of the regular VAT returns.

of Europe

MOSS is of course not for the rest of the European countries are not part of the EU. In those countries to register locally in each country and follow the local VAT and VAT compliance rules.

First reactions and next steps

We spent a lot of time speaking our clients in telecom, broadcasting and about their plans on how will handle their VAT after 2015. A lot of them the new rules quite complicated and that they will to seriously consider whether will apply for the new MOSS or not.

Some of them consider with their existing VAT registrations and others will adjust their business to make the best out of the new MOSS Others again like the new rules and will make use of

It seems that even the new MOSS rules were simplify the setup and reporting for telecom, broadcasting and eservice suppliers, will not be a single size fits all” applicable for everyone; instead business will have to about which setup provide the best outcome for specific needs.

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