VAT in the Digital Age: Mandatory e-reporting and e-invoicing for EU Intra-Community Transactions

The European Commission has announced its long-awaited proposal for legislative changes in relation to the VAT in the Digital Age (ViDA) initiative. This is one of the most important developments in the history of European VAT, and affects not only European businesses, but also non-EU companies whose businesses trade with the EU.

Source Sovos

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