3 ms·
That's the kind of level I was thinking. Compared with VAT levels of around 20% in most EU countries, with a de minimis level of around €15, I'd call that a low
by ascorbic 6y ago
That's the kind of level I was thinking. Compared with VAT levels of around 20% in most EU countries, with a de minimis level of around €15, I'd call that a low rate and high de minimis level.
Edit: it seems there's no de minimis threshold for VAT anymore, so that's even more of a contrast
- AnssiH 6y agoAh, sorry, I misinterpreted your post. I thought you meant that USA import duties are much lower than EU import duties, but I now see you meant EU import duties are much lower than EU VAT taxes. Completely agree then. The removal of the €22 low-value exception for VAT will happen in EU on July 1st 2021, so not in effect yet.