- EESPA supports European data protection and security of business information, but urges the European Commission and Member States to agree on a practical EU-wide approach to the use of sovereign cloud hosting and work with third countries to avoid creating market entry barriers for EU service providers.
- The introduction of measures towards modernizing VAT collection via electronic invoicing in the EU has led to varying requirements among Member States.
- EESPA recommends ensuring plentiful supply of compliant solutions so that the market can transition to the new regulatory environment at the lowest possible cost and ensure fair market conditions.
- EESPA also urges the European Commission to work with Member States to agree on a practical approach to the use of sovereign cloud hosting to meet legitimate EU data sovereignty and economic efficiency objectives.
Source EESPA
See also
Join the Linkedin Group on Global E-Invoicing/E-Reporting/SAF-T Developments, click HERE
Latest Posts in "European Union"
- ViDA and the Fundamental Principles of EU VAT: A Reformed Edifice on Unchanged Foundations
- FISC Committee Meeting – VAT Fraud and the Future of the Reverse Charge Mechanism
- ECJ Clarifies VAT Deduction Rights for Late Intra-Community Acquisition Invoices
- EPPO Seizes Additional Assets in €42.8 Million VAT Fraud Probe
- Comments on T-198/25 (G. Kft) – General Court Confirms Limits on VAT Adjustment After Tax Audit
