EU MEPs adopt opinion on ViDA package, delaying VAT reform and proposing changes

• MEPs of the European Parliament’s Committee on Economic and Monetary Affairs adopted their opinion on the ViDA package
• The opinion includes a 1-year delay of the reform’s pillars, such as common e-invoicing requirements and updated VAT rules
• MEPs propose extending the deadline for issuing invoices and a modified definition of e-invoicing
• The IBAN number and time of payment will be removed from invoicing content standard for security reasons
• The final vote on the report will take place on 20 November during the plenary session of the European Parliament.

Source: etaf.tax

Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.

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