The latest ECOFIN meeting on 21 June 2024 did not reach an agreement on the ViDA package. Negotiations will continue under the Hungarian presidency. The previous meeting on 14 May 2024 also failed to reach a consensus, with only Estonia having reservations about one component of the package. The implementation of the first Pillar on e-invoicing and digital reporting requirements seems to be delayed, with the new deadline potentially being 2030 instead of 2028. The ViDA package consists of three pillars: VAT reporting obligations and e-invoicing, VAT treatment of the platform economy, and Single EU VAT registration.
Source Marosa
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