- Approval of the ViDA reform for the digital era has been delayed
- Stalemate due to lack of agreement among member states on new VAT rules for platform economy
- Proposal includes introducing the concept of “presumed supplier” for short-term accommodation and passenger transport facilitated by platforms
- Aim is to ensure fair competition between platform operators and traditional economy operators
- Under the “presumed supplier” rule, platforms become responsible for collecting VAT from non-taxable persons
- Some member states seek more flexibility in applying the rule, with optional exclusion for small businesses
- Agreement on compromise proposals still pending, with a new attempt scheduled for November 2024 Ecofin meeting
Source: eutekne.info
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.
