- Belgium, during its European Council presidency, failed to secure unanimous agreement on the ViDA package at the ECOFIN Council on 14 May 2024.
- Member states agree on mandatory digital reporting of intra-Community transactions from 1 July 2030.
- Agreement also exists on measures to reduce the need for VAT numbers and returns in multiple member states.
- No unanimity was reached on the ‘deemed supplier regime’ (DSR) for digital platforms facilitating short-term rentals and passenger transport.
- Estonia opposes the DSR, possibly due to concerns about increased consumer costs and competitive disadvantages for EU platforms.
- Estonia’s opposition is influenced by the presence of Bolt, a major platform based in Tallinn.
- Belgium is holding bilateral talks with Estonia to seek agreement on the ViDA package.
- Estonia proposes an ‘opt-in’ clause for the DSR, which Belgium and the European Commission oppose.
- Ongoing negotiations include discussions on top European positions, with the Estonian prime minister a candidate for “High Representative of the Union for Foreign Affairs.”
- The outcome of the ECOFIN Council meeting on 21 June 2024 remains uncertain.
Source: vatsquare.com
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.