President Signed Law on VAT for Parcels from Abroad

December 12, 2018
President Signed Law on VAT for Parcels from Abroad

Law No. 9260 foresees the reduction of the threshold of free import tax to EUR 100 for goods purchased by individuals in foreign online stores. After exceeding this limit, the value added tax (20%) will be charged in addition to the purchase price. The administration of the tax, in accordance with the law, rests with postal operators and express carriers. At the same time, the law on "three parcels" was abolished by this law.

Adapted from ITC.ua

Photo credit - ITC.ua



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