OSS (One-Stop Shop VAT)
EU VAT one-stop shop for intra-community distance sales and certain services.
OSS — One-Stop Shop (VAT one-stop shop)
OSS is a VAT one-stop shop system allowing businesses to declare and pay VAT due in different EU Member States via a single portal in their State of identification.
The three OSS regimes
- Union regime: for intra-community distance sales of goods, deliveries of goods in a Member State by facilitating platforms and certain B2C services
- Non-Union regime: for B2C services provided by taxable persons not established in the EU
- Import regime (IOSS): for distance sales of imported goods ≤ 150 EUR
Trigger threshold
B2C intra-community distance sales are taxed in the country of destination beyond a threshold of 10,000 EUR of annual sales to other Member States. Below, the VAT of the country of establishment applies.
Advantages
OSS avoids having to register for VAT in each destination Member State. A single registration, a single quarterly declaration and a single payment centralize all obligations.
Extension with ViDA
The ViDA reform will extend the scope of OSS to new categories of supplies and services, further reducing the need for multiple VAT identifications.