European customs duties and taxes
Posted: Wed Feb 19, 2025 4:49 am
We are now in an age where we can enjoy shopping on overseas websites using our smartphones. The figure below compares transactions within the European Union and overseas, and the proportion of cross-border (overseas online shopping) transactions is definitely increasing. An increasing number
of consumers are purchasing products from outside Europe, both within and outside Europe. Currently, global online shopping sales are said to be around $1.7 trillion, but are expected to reach $2.3 trillion by 2018.
As a result, various companies are embarking on online businesses, and sales of products and services are expanding on a global scale. According to a UPS report, 24% of online consumers make purchases on overseas sites. The
Boston Consulting Group predicts that annual cross-border albania whatsapp data e-commerce sales will reach $250-350 billion by 2025. Europe will account for 25% of this.
Therefore, an important point to keep in mind when conducting cross-border transactions (cross-border e-commerce sites) is the system of taxes, such as customs duties. Here , we have compiled an easy-to-understand summary of tax rates for each type of transaction, based on a report by
the European translation company Textmaster .
Figure 01
● No tax within the EU
First, whether the transaction type is B2B or B2C, and whether the tax rate is the seller's or the buyer's, will also have a big impact, especially in Europe, where there is basically no tax within the EU. In addition, digital books, educational courses, games, etc. are also subject to tax, so it is necessary to check.
of consumers are purchasing products from outside Europe, both within and outside Europe. Currently, global online shopping sales are said to be around $1.7 trillion, but are expected to reach $2.3 trillion by 2018.
As a result, various companies are embarking on online businesses, and sales of products and services are expanding on a global scale. According to a UPS report, 24% of online consumers make purchases on overseas sites. The
Boston Consulting Group predicts that annual cross-border albania whatsapp data e-commerce sales will reach $250-350 billion by 2025. Europe will account for 25% of this.
Therefore, an important point to keep in mind when conducting cross-border transactions (cross-border e-commerce sites) is the system of taxes, such as customs duties. Here , we have compiled an easy-to-understand summary of tax rates for each type of transaction, based on a report by
the European translation company Textmaster .
Figure 01
● No tax within the EU
First, whether the transaction type is B2B or B2C, and whether the tax rate is the seller's or the buyer's, will also have a big impact, especially in Europe, where there is basically no tax within the EU. In addition, digital books, educational courses, games, etc. are also subject to tax, so it is necessary to check.