ViDA update: EU Commission optimistic on approval of ViDA package by May 2024, though delay anticipated on e-invoicing & Digital reporting implementation

• The EU Commission is optimistic about the approval of the ViDA (VAT in the Digital Age) package by May 2024.
• However, a delay is anticipated in the implementation of e-invoicing and digital reporting as part of the ViDA package.
• The ViDA package aims to modernize VAT regulations and streamline digital processes across the European Union.

Source Meridian

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