The “VAT in the Digital Age package” (ViDA) released by the European Commission on 8 December 2022 is designed to further modernise the EU VAT rules and revise how businesses report VAT (for prior coverage, see the article in the January 2023 issue of Indirect Tax News). These changes could have a significant impact on UK and other non-EU organisations trading with and across the EU in the near future.
Source BDO
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