On 5 November 2024 EU Member States reached the long-awaited agreement on the ViDA proposal. The gradual coming into application of the measures adopted will have significant consequences for companies trading in the EU, in particular for those involved in cross-border trade.
- Digital real-time reporting based on e-invoicing
- Platform economy
- Single VAT registration
- Changes and clarifications to the existing e-commerce rules
- More information
See also
- BREAKING: ECOFIN approved the VAT in the Digital Age (ViDA) Act – Compromise has been reached
- ViDA – Consolidated version of the EU VAT Directive 2006/112/EC once ViDA Act will be enacted
- Newsletters on approval of VAT in the Digital Age
- Join the LinkedIn Group on ”VAT in the Digital Age” (VIDA), click HERE
Source: BDO Netherlands
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