- Estonia opposes EU VAT reform targeting digital platforms
- Proposed reform would impose new liabilities on companies like Bolt Technology OU and Airbnb Inc.
- Estonian Finance Minister believes taxing services via digital platforms would burden SMEs and distort competition
- Estonia suggests a voluntary opt-in system instead of mandatory approach
- EU finance ministers failed to reach agreement on ViDA proposal in May
- Italy and Spain advocate for reform to collect more VAT revenues
- Bolt lobbying Estonian government to resist the measure
- Achieving unanimous agreement remains a challenge
- Belgium’s Finance Minister working on compromise to satisfy all member states
Source: globalvatcompliance.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.