On 27 October, Albert Folguera, Partner in addwill’s Tax Department, delivered the Wolters Kluwer Academy Talk on “Intra-Community distance sales of goods: the Union OSS scheme explained”.
More businesses are selling online to consumers in other EU countries, and many aren’t sure when they should stop charging Spanish VAT and start charging VAT at the customer’s local rate. Albert Folguera walked attendees through it using real-life cases. He covered the EU-wide €10,000 threshold, how and when to register for the OSS, and how to work out the right VAT rate for each Member State.
He also explained how to file the OSS return, how often and by when, and what to keep in mind when invoicing B2C sales to other EU countries. He looked at how the OSS fits in with other special schemes, such as the IOSS for imports, and shared the mistakes he sees most often in practice. The session closed with an open Q&A.
Albert Folguera is a lawyer and tax adviser, and he coordinates the National VAT Expert Group of AEDAF (the Spanish Association of Tax Advisers). He’s also a member of the VAT Subcommittee of CFE Tax Advisers Europe and an associate lecturer at the University of Barcelona’s Faculty of Economics and Business.
Do you have any questions about how this applies to your situation? Get in touch with the addwill team and we will be happy to help.