EU Imposes Flat Tax On Small Parcel Shipments
The European Union is imposing a flat tax on small parcel shipments entering the bloc, which were previously exempt from such taxation. The U.S. has expressed dissatisfaction with this move. Additionally, the United States has removed a previous exemption for small parcels.
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Developing
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Sources · 7 independent
KQED FM
“this is essentially coming off the back of the EU imposing a flat tax on shipments of small parcels that flow into the EU and the countries there. They're currently exempt from any kind of tax, and they're saying that's a potential huge opportunity where they can collect taxes from.”
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