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ECOFIN Approves ViDA: Key Changes Ahead for EU VAT
- Wednesday, December 04, 2024
- 2:00 PM Greenwich Mean
- Time 30 minutes
On 5 November, the long-awaited EU Commission’s VAT in the Digital Age (ViDA) proposal was approved by Member States’ Economic and Finance Ministers (ECOFIN). ViDA will bring about significant changes to e-invoicing rules around the EU, even before its official adoption in July 2030.
In this webinar, we will cover:
- What is ViDA?
- What are the three pillars of the ViDA package?
- A new real time digital reporting system based on e-invoicing
- Updated VAT rules for the platform economy
- A single VAT registration for businesses selling to consumers across the EU
- How VAT in the Digital Age will impact businesses
- How to prepare for ViDA today
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