- ViDA negotiations have been extended beyond 2024 due to the inability to agree on crucial policy factors.
- The European Union’s Council will meet on November 23rd to discuss a roadmap for negotiations planned for 2024 under the new Belgian EU presidency.
- The working framework outlines a three-pillar approach to introducing reforms, with the first pillar introducing provisions for establishing EU-wide digital reporting and e-invoicing requirements, which could be delayed until 2028 or 2030.
- The second pillar regards regulation of home- and ridesharing platform taxation throughout the community, which may be delayed until 2026.
- The third pillar covers extending the EU’s VAT One Stop Shop returns and other changes to international tax regimes and is the closest to reaching full agreement, but may still be delayed until 2025 or 2026.
- Despite delays in EU e-invoicing legislation, individual member states are introducing their own electronic invoicing mandates, with Romania and Poland both having upcoming deadlines in 2024.
Source Comarch
- Join the Linkedin Group on Global E-Invoicing/E-Reporting/SAF-T Developments, click HERE
- Join the LinkedIn Group on ”VAT in the Digital Age” (VIDA), click HERE
