Under the title ‘VAT in the Digital Age’ (ViDA), the European Commission is strongly committed to a digital transformation and harmonisation of the European VAT system in the coming years. There are far-reaching plans in place that member states are currently working on. Laurens Voogt of 4apps notices similarities between the way the introduction of ViDA is progressing and the energy transition: “It is important to start preparing now, otherwise you’ll be left out later.”
Source: 4apps.com
Click on the logo to visit the website
Latest Posts in "European Union"
- AG Kokott’s Opinion: VAT Exemption, Vouchers, and Margin Scheme for In-Game Gold Trading
- EU Reaches Agreement on 2028 Customs Reform
- VAT and Transfer Pricing: ECJ’s Arcomet Decision Clarifies Intra-Group Service Remuneration and VAT.
- VAT on Transfer Pricing Adjustments: Importance of Detailed Documentation in Court Rulings
- E-Invoicing in the EU: Tax Authorities’ Data Use and Its Impact on Businesses