OSS for Online Stores: When It Applies and How It Works
OSS allows online sellers to report VAT on certain B2C sales across the EU through one Member State instead of maintaining separate VAT registrations solely for those supplies.
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E-commerce & Online Business
Expert articles on e-commerce accounting, online stores, OSS/IOSS, EU sales, digital platforms and payment flows.
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IOSS for Imported E-commerce Sales: How the Scheme Works for Consignments up to €150
IOSS is a special VAT scheme for certain distance sales of goods imported from third countries and supplied to consumers in the EU in consignments not exceeding €150.
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An online store may use many sales and payment channels, but accounting needs to bring them together into one verifiable picture. The key is linking each order, payment and document.
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