- The EU’s VAT in the Digital Age (ViDA) initiative, especially its Digital Reporting Requirements (DRR), is progressing but some details remain unresolved, such as the definition of the “10-day period” for issuing e-invoices.
- EU Member States with existing eInvoicing systems before January 2024 have until January 2035 to implement DRR; all others must comply by July 2030.
- ViDA aims to increase digitalisation, efficiency, environmental protection, and reduce the VAT gap through better data and transparency.
- Ireland has announced a phased approach to eInvoicing, requiring large businesses to issue eInvoices by November 2028, all intra-EU traders by November 2029, and full compliance by July 2030.
- Ireland is actively preparing for eInvoicing through structured planning, stakeholder engagement, and change management to ensure market competitiveness.
Source: fintua.com
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.
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