The ViDA initiative, or VAT in the Digital Age, aims to modernize and harmonize the current VAT system in the European Union (EU) in order to curb tax fraud. The initiative is a series of measures that include introducing mandatory electronic invoicing and a transaction-based reporting system for intra-community B2B sales. Starting January 1st, 2028, these new regulations will be mandatory throughout the EU.
Source: www.fiscal-requirements.com
Latest Posts in "European Union"
- No Explicit National Law Needed for VAT on Non-EU Travel Agency Services, EU Court Rules
- EU States Clash Over VAT Data Sharing: Balancing Fraud Prevention, Confidentiality, and Centralization
- EU Launches Consultation to Harmonise E-Invoicing Rules and Boost Digital Single Market Integration
- EU Travel & Tourism VAT: What to Expect from the 2026 Reform Package
- European Commission – EU e‑Invoicing Consultation
