Stalemate over VIDA VAT proposal persists as Ecofin Council fails to reach agreement

• Ecofin Council failed to reach agreement on VAT in a Digital Age (VIDA) proposal
• Estonia opposes considering digital platforms as commission agents for short-term rental services
• Estonia agrees with mandatory digital reporting of intra-community transactions and measures to avoid VAT registrations in other member states
• Commission insists on adopting all three parts of the proposal together
• Belgian minister of finance aims to reach agreement by end of Belgian presidency
• Estonia proposes opt-in approach for member states to choose whether to apply commission principle for platforms
• Commission and Belgian minister not in favor of opt-in approach

Source: vatsquare.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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