- EU Commission published draft Directive for ‘VAT in the Digital Age’ initiative on 8 December 2022
- Compromise proposal under current Belgian Council Presidency published on 8 May 2024
- Timetable for changes postponed by 2.5 years to give authorities and businesses more preparation time
- Changes for platform economy and single EU VAT registration postponed to July 2027
- Digital reporting obligations and mandatory electronic invoicing postponed to July 2030
- Changes authorized for mandatory e-invoicing for domestic supplies by established taxable persons
- Clarification on threshold of €10,000 for distance sales and cross-border B2C services introduced from 1 January 2026
- Digital platforms supporting short-term accommodation rental or passenger transport to be treated as if they had received and provided supplies themselves from 1 July 2027
- Mandatory reverse charge mechanism for supplies of goods and services by non-established suppliers from 1 July 2027
- Special OSS for intra-Community transfers of own goods extended to capital goods
Source: kmlz.de
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.
