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VAT goes digital – the tax practitioners’ perspective

During a conference organized by the European Tax Adviser Federation (ETAF) on 7 December 2022, tax advisers discussed with Patrice Pillet, Head of Unit VAT at the European Commission, how the package “VAT in the digital age” (ViDA) will affect our profession and what are its expected benefits, just one day before its official adoption on 8 December.

In his welcome address, ETAF President Philippe Arraou spoke about the impact of e-invoicing on the profession. “Electronic invoicing, associated with necessary regulatory changes, will undoubtedly modify the landscape of our profession. And we are quite ready for that!”, he said.

“We shouldn’t see digitalization only as a challenge for the profession. It will above all be an opportunity as it will allow us to continue to focus more on the core business of our work: the tax advice”, Mr Arraou added.

For this reason, ETAF very much welcomes and supports the staged approach on e-invoicing and digital reporting proposed in the new package.

Source: etaf.tax

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