How taxation of parcels from marketplaces will work

How taxation of parcels from marketplaces will work
How taxation of parcels from marketplaces will work

The Verkhovna Rada of Ukraine is considering a bill that could change the procedure for paying VAT on purchases made on international marketplaces. The proposal suggests shifting the responsibility for paying the tax from the buyer to the seller or the online platform through which the order was placed.

This innovation is aimed at simplifying procedures for end consumers. Buyers will no longer have to pay VAT themselves upon receipt of parcels, which in turn will speed up the customs clearance process.

In addition, the introduction of a new format of customs declaration based on the European N7 standard is planned. This standard is particularly relevant for processing low-value parcels, as it allows for a significant reduction in processing time.

If approved, the initiative will make shopping on international platforms more convenient for Ukrainians and increase the efficiency of customs services.

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