Too many cheap products from China have had a relatively large impact on local physical stores and local tax revenue. A dollar fidget spinner made in China beats a $20 US-made one Sweden, an EU member state, took the lead in levying 75-125 Swedish kronor VAT value-added tax on March 1. Chinese cross-border e-commerce sellers are alert to risks and coping strategies. Reference 10 This situation is not only in Sweden, but has more or less affected other EU member states. Among them, the United Kingdom and Germany have increased the key supervision of VAT for Chinese cross-border e-commerce sellers.
Many sellers either closed their stores or moved to other countries due to VAT policy factors. Just a few years ago, the European Commission announced a new law on the standardization of VAT (value-added sales tax) for cross-border e-commerce commodity trade, and introduced four major initiatives, including improving the efficiency of internal VAT the exemption of 22 euros is abolished. As one of the mobile number list EU member states, Sweden can't wait to announce that it will charge high fees for postal packages from non-EU countries. The following is the latest explanation of the new VAT policy from Sweden Post, the original text is here . Five questions about the new VAT What is the new fee? – For shipments with a declared value of less than SEK 1,500, the charge is SEK 75.
For shipments with a declared value above SEK 1,500 , the current fee remains SEK 125. It is worth noting that the new fee of SEK 75 is a reduction in the previous shipping cost and is worth between SEK 220 and SEK 1500 . From which countries do these fees apply? “In the media, the discussion has mainly been about goods originating from China, where the vast majority of shipments currently originate. However, this charge will also apply to all goods traded from countries outside the EU customs union. Has the order been completed? – Yes, from March 1 all goods arriving in Sweden will be taxed.