EU VAT in the Digital Age (VIDA) proposals published
12 January 2023| CATEGORIES: EU VAT, VAT in the Digital Age, VIDA| TAGS: digital reporting requirements, e-invoicing, EU, OSS, platform economy, single VAT registration
The European Commission has proposed a series of measures to modernise and make the EU’s Value-Added Tax (VAT) system work better for businesses and more resilient to fraud by embracing and promoting digitalisation. The VAT in the Digital Age (VIDA) package also aims to address challenges raised by the development of the platform economy.