EU CUSTOMS REFORM PROPOSALS

On 17 May, the EU Commission put forward proposals for the most ambitious and comprehensive reform of the EU Customs Union since its establishment in 1968.  A new EU Customs Authority will oversee an EU Customs Data Hub which will act as the engine of the new system.  Over time, the Data Hub will replace the existing customs IT infrastructure in EU Member States.  The legislative proposals will now be sent to the European Parliament and the Council of the European Union for agreement, and to the European Economic and Social Committee for consultation.

https://taxation-customs.ec.europa.eu/customs-4/eu-customs-reform_en

https://kpmg.com/us/en/home/insights/2023/05/tnf-proposed-reform-eu-customs-union.html https://www.internationaltradecomplianceupdate.com/2023/05/17/eu-proposals-envisioning-most-ambitious-and-comprehensive-reform-of-eu-customs-union-since-1968-published/

Author: raytodd2017

Chartered Legal Executive and former senior manager with Isle of Man Customs and Excise, where I was (amongst other things) Sanctions Officer (for UN/EU sanctions), Export Licensing Officer and Manager of the Legal-Library & Collectorate Support Section View all posts by raytodd2017