Category: Platform economy
3 October 2025| CATEGORIES: e-invoicing, Platform economy, Single VAT registration, VAT in the Digital Age, VIDA| TAGS: EU VAT news, European Commission, VIDA
The European Commission has published its implementation strategy for the VAT in the Digital Age (ViDA) package, presenting actions to support businesses and Member States with the practical implementation of the requirements. The Commission estimates that the ViDA package will generate €51 billion in savings for businesses.
15 November 2024| CATEGORIES: EU VAT, Platform economy, VIDA| TAGS: digital reporting requirements, ECOFIN, EU, platform economy, single VAT registration, VIDA
The EU has reached agreement on the VAT in the Digital Age (ViDA) proposal. The Estonian government had previously opposed the ViDA proposal due to concerns about the new deemed supplier regime. The measures are expected to be adopted in stages over the period 2027 to 2035.
3 July 2024| CATEGORIES: Digital Reporting Requirements, e-invoicing, EU VAT, Platform economy, Single VAT registration, VIDA| TAGS: digital reporting requirements, e-invoicing, ECOFIN, EU, platform economy, single VAT registration
Agreement on the revised ViDA proposals was not achieved at the meeting of the EU’s Economic and Financial Affairs Council (ECOFIN) held on 21 June 2024. It had been hoped that full agreement would be reached under the Belgian Presidency which ended on 30 June 2024. Discussions will resume at the next ECOFIN meeting in July under the Hungarian Presidency.
