From July 2021, B2C sellers dispatching their goods from a single country will no longer be required to register for foreign VAT and complete multiple VAT filings in the countries where they are selling. Instead, they may opt to simply complete and file a new OSS filing alongside their regular domestic VAT return that will list all their pan-EU sales.
This functionality, OSS return is currently not available in Dynamics 365 Finance.
EU 2021 One Stop Shop (OSS) VAT return for e-commerce (avalara.com)
Comments
To me this is nothing where an idea is required as this is a legal EU Regulation and nothing "nice to have". Nevertheless, I have voted for this.I still request Microsoft to code a format in Electronic Reporting for this without idea to meet this requirement.
Category: Tax
This is a special scheme very common for retail or businesses with ecommerce need and selling across other UE countries.It is a special scheme for the UE that allows taxable persons to declare and pay VAT due in Member States in which these taxable persons are (in general) not established via a web-portal in the Member State in which they are identified (Member State of identification). It is very common requirement from customers that would be great to fulfill out of the box as it is also globally an option for all the UE https://vat-one-stop-shop.ec.europa.eu/one-stop-shop_en#introductionPlataformas_OSS.pdf (agenciatributaria.gob.es)
Category: Tax