European Parliament Proposes One-Year Delay for ViDA Proposals

• The European Parliament proposes a one-year extension for the measures in the VAT in the Digital Age (ViDA) directive
• This is to allow businesses to prepare and suggests changes to the obligations of online platforms, particularly those in short-term accommodation
• The ViDA directive includes measures such as a harmonized digital reporting system, updated VAT treatment for the platform economy, and a single VAT registration within the EU
• The European Parliament also proposes a one-year extension for the amendment of the regulation on administrative cooperation and combating VAT fraud
• They call for better cooperation between all actors involved in combating VAT fraud and improving the operation of the VAT Information Exchange System (VIES)
• The European Parliament agrees with the ViDA directive proposal for VAT rules for distance sales of imported goods from third countries

Source: taxlive.nl

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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