IOSS: Simplify the VAT compliance process for your cross-border e-commerce transactions
The IOSS (Import One-Stop Shop) solution is a logistics framework that was introduced by the European Union (EU) as part of the new VAT rules for e-commerce transactions. It simplifies the process of collecting and remitting value-added tax (VAT) on cross-border sales of low-value goods (valued at or below €150) to EU consumers.