- Directive VIDA aims to simplify and harmonize VAT rules in the EU
- It addresses challenges posed by digital commerce and aims to combat tax fraud
- The directive includes an extension of the one-stop shop regime and mandatory self-assessment mechanism
- It also introduces a special regime for the transfer of own goods
- The directive applies to services provided to non-taxable persons in a different EU member state, distance sales of intra-Community goods, and sales of goods from third countries to non-taxable persons in the EU
- The one-stop shop VAT system allows businesses to declare and pay VAT for cross-border sales within the EU through one member state
- The system will be expanded to include gas, energy, and cooling deliveries in January 2027, and B2C sales with installation or assembly, domestic B2C sales by non-residents, and sales on board transport from July 1, 2028.
Source: eurotax.fr
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.
