- Implementation Dialogue on ViDA: Commissioner Wopke Hoekstra hosted an Implementation Dialogue focused on VAT in the Digital Age (ViDA), where business representatives emphasized the importance of effective implementation as the true measure of ViDA’s success.
- Key Concerns Raised: Participants highlighted several critical issues, including the risk of fragmented application across Member States, the need for support for SMEs, sufficient lead times for application, and a collaborative approach to developing a unified EU VAT system.
- Opportunities for Digitalization: The dialogue underscored the potential benefits of digitalization for enhancing compliance and boosting revenues, with the Commission committed to working closely with Member States and businesses to ensure a responsive implementation strategy that serves all stakeholders effectively.
Source EU Economy and Finance
See also
- Blog: ViDA Digital Reporting Requirements – Ambition vs. Fragmented Reality in Europe – VATupdate
- ViDA: Implementation Dialogue on Taxation with Commissioner Wopke Hoekstra – VATupdate
- Making ViDA Work: Reflections on the ViDA Implementation Dialogue – VATupdate
- See also
- Join the Linkedin Group on Global E-Invoicing/E-Reporting/SAF-T Developments, click HERE
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