Business, tax and funding
OSS
Abbreviation for One-Stop Shop
In short and in plain language
The OSS is a scheme of the European Union for value added tax.
It is for sales to private buyers in other states of the Union.
Firms can report the tax due there together, in their own country.
Whether it suits a shop is usually a question for a tax adviser.
Definition
The OSS is a European Union procedure for VAT on sales to consumers in other EU countries. Businesses can use it to report the VAT due there in bundled form in their home country. Whether and how it suits a shop is usually clarified with a tax adviser.