Entering into force on 1 January 2025, the EU Commission’s VAT in the Digital Age (ViDA) proposals have been introduced in an effort to modernize VAT across the EU. One pillar of ViDA is the “single VAT registration,” which would reduce compliance costs for businesses. The Commission proposes to achieve this by expanding the Union one-stop-shop (OSS) scheme.
- Expanding the Union OSS Scheme
- Limiting Union OSS Expansion
- Looking Ahead
Source: SOVOS
