VATupdate

ViDA (VAT in the Digital Age): data-elements to be provided electronically to Tax Authorities

ViDA will clearly identify the data-elements to be provided electronically to Tax Authorities

– Facilitated with obligatory e-invoicing
– Use EU standard for -invoicing and transmitting information to Tax Authorities
– Member States may allow traders to use other data formats for the transmission of this information insofar they ensure interoperability with the European standard

The Transmission of data to the central authorities (EU level) using a standard format

– New central database
– Additional functionalities to help improve risk analysis
– Ensure compliance with data protection rules

Source Axel Baulf

 

Sponsors:

VAT news
VAT news

Advertisements:

  • VAT news