The ViDA proposal in brief
In December 2022, the European Commission issued a proposal on VAT in the Digital Age (ViDA) to modernize the EU’s VAT system. This package has three main objectives:
- Modernizing VAT reporting obligations: with the introduction of digital reporting requirements (DRR) and mandatory B2B electronic invoicing (“e-invoicing”)
- Addressing the challenges of the platform economy: by updating the VAT rules applicable to services and goods made available via an electronic platform and a focus on the role of such platforms in regard to the collection of VAT
- Avoiding the need for multiple VAT registrations in the EU: by improving and expanding the existing systems of One Stop Shop (OSS) and Import One Stop Shop (IOSS) and the scope of the reverse charge mechanism
Source Baker & McKenzie
Join the LinkedIn Group on ”VAT in the Digital Age” (VIDA), click HERE
Latest Posts in "European Union"
- VAT IOSS Scheme: Intermediary Registration Available from April 2026 for Non-EU Businesses
- Customs and VAT Fraud Cost EU €45 Billion in 2025, Officials Warn
- EPPO Investigates Record 3,600 Customs Fraud Cases in 2025, Damages Reach 67 Billion Euros
- Intermediary Registration for UK Import One Stop Shop Scheme Opens April 2026
- EPPO Uncovers €45 Billion VAT and Customs Fraud, Reshaping EU Criminal Landscape in 2025
