IOSS function and the impact of the EU VAT rule
If you are not familiar with either the EU VAT rule or the IOSS, please go check out our last video.
here is a case presented by one of our clients. An EU order was placed, that the total price of the product is $5.72, as the $1.1 VAT fee was added. The taxation won't go over 30% of the original price. Because the price listed is the dealer price, the VAT fee was charged a lot less.
TIMESTAMPS
0:00 Intro
0:26 How IOSS works in EU dropshipping orders?
1:29 How will IOSS VAT affect dropshipping business?
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