- The amended bill implements the EU VAT in the Digital Age Directive (VIDA) in Dutch law, aiming to reduce administrative burdens by expanding and simplifying one-stop-shop (OSS) VAT schemes.
- It limits the need for VAT registrations in other EU member states by expanding OSS and introducing new systems, allowing businesses to declare and pay VAT via a single member state in more situations.
- Key changes include expanding the Union scheme to more types of supplies, introducing a new transfer scheme for own goods (from July 2028), and making the cross-border reverse charge mechanism mandatory and broader.
- These measures are expected to save €81 million in administrative costs and improve access to the internal market, though they introduce new choices and some additional obligations for businesses.
- The law will be implemented in phases: partial from January 1, 2027, main measures from July 1, 2028, and full phase-out of call-off stock arrangements by July 1, 2029.
Source: taxence.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.
