EU plans €2 fee on small parcels entering bloc through e-com websites

The EU plans to impose a flat fee of €2 (~$2.2) on billions of small packages entering the bloc, primarily from China.
The new tax implies packages worth less than €150 are no longer customs-free.
Part of revenue generated would cover the cost of extra customs checks, while the rest will be directed to the EU budget.
Items sent to warehouses will, however, be taxed at €0.50, the draft proposal says.Read More