The EU is reforming its customs system as increased trade flows, fragmented national systems, the rapid rise of e-commerce ...
Passport reports that EU customs reforms beginning in 2026 will reshape e-commerce, increasing compliance, digitalization, and import costs for brands.
A flat customs charge of €3 ($3.4) per item now applies to low-value consignments, defined as those worth up to €150, imported into the European Union (EU) from outside the bloc.
Forbes contributors publish independent expert analyses and insights. Aleksandra Bal covers indirect tax and technology developments. On May 17, 2023, the European Commission unveiled its most ...
Parcels of goods worth under €150 will no longer enjoy ‘de minimis’ exemption, exploited by platforms such as Temu and Shein ...
Cheap parcels entering the European Union are subject to a 3 euro customs fee as of July 1, forcing retailers to overhaul ...
European Union finance ministers have reached a groundbreaking agreement to eliminate the customs-duty exemption on parcels valued under €150 imported from non-EU countries. This decision marks a ...
Forbes contributors publish independent expert analyses and insights. Aleksandra Bal covers indirect tax and technology developments. The EU platform economy is estimated to generate a substantial €25 ...
Britain said on Tuesday it would seek a “temporary customs union” with the European Union after Brexit, in an opening gambit for trade negotiations that received a cool response from Brussels. The ...
FROM Wednesday, July 1 online shoppers will be hit by new customs charges for items bought from outside the European Union. This €3 per item charge will hit Irish households hard due to the amount ...
Canada Post says it is suspending service to some European Union countries over new customs rules for low-value shipments, ...