- MEPs propose a one-year delay for most of the ViDA elements in the EU VAT regime
- MEPs endorse changes to the VAT Directive regarding VAT rules for taxable persons facilitating distance sales of imported goods
- MEPs call for improved cooperation in fighting VAT fraud and suggest improving the VAT Information Exchange System
- MEPs suggest that the Commission should support national tax authorities in implementing electronic systems by 2030
- The ViDA proposals include three pillars: DRR and e-invoicing, Platform Economy, and Single VAT Registration
- The proposed delay provides additional time for businesses to prepare for ViDA requirements
- Domestic e-invoicing and reporting mandates are not affected by the proposed ViDA delays.
Source: ey.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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