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There is a new VAT scheme called OOS (One Stop Shop) available for companies with business in EU.

Some detailed information here https://ec.europa.eu/taxation_customs/sites/default/files/oss_guidelines_en.pdf.

This requirement will be common to a lot of companies and as far as we know there is no plan to have new functionality to match with this new requirement.

Besides the configuration in BC to support OOS, there will be a new VAT Return form to upload the VAT information using a file. Some known details here https://ec.europa.eu/taxation_customs/sites/default/files/oss_guidelines_en.pdf. under Annex 3 - The One Stop Shop return details (Page 55 to 58).
STATUS DETAILS
Under Review
Ideas Administrator

Thank you for your feedback. We are considering adding it to our (longer term) roadmap, as we first need to complete full multiple VAT numbers functionality. But planned work also includes some foundation for this feature.

Sincerely,
Aleksandar Totovic
PM, Microsoft

Comments

J

OSS (VAT - One Stop Shop) VAT reporting is legal requirement for companies within EU selling products and services online to not VAT registered customers (private persons).Since it is a legal requirement and BC is a product with otherwise great functionality for e-commerce I think and hope this should be in the roadmap for BC.To manage OSS reporting manually is both time consuming and insecure.Declare and pay in OSS (europa.eu)

Category: Geographies and Localization

J

Surely what is meant is not OOS but OSS. But yes, the initiative has merit.

Category: Geographies and Localization

J

This is absolutely critical for customers and partners within the EU.

Category: Geographies and Localization

J

Abakion has made a solution to this issue see more here: https://abakion.com/dynamics-365/apps/vat-rate/

We have a webinar (in danish) regarding the specific subject: https://abakion.dk/blog/international-moms/

Category: Geographies and Localization

J

Hi to all,

I hope that this feature will be included in the roadmap as soon as possible.

Best regards

Category: Geographies and Localization

J

Buenos días,

Esto también sería necesario para la versión Dynamics NAV.

Gracias.

Category: Geographies and Localization

J

This could be a very important enhancement for customers with subsidiaries in various EU countries. VAT reporting can be centralized, saving costs on customer side.

Category: Geographies and Localization