- Hungarian Presidency working to resolve Estonia’s opposition to ViDA package
- ViDA package aims to modernize EU’s VAT system for digital age
- Estonia vetoed package twice due to concerns over deemed supplier rule
- Hungary proposed compromises, including SME opt-out
- New compromise proposal allows Member States to exclude SMEs from deemed supplier regime
- Solution supported by all Member States, including Estonia
- Confirmation of solution expected at Ecofin meeting on 5 November 2024
- Adoption of full package expected, European Parliament to deliver new opinion on ViDA due to changes in text agreed upon by Member States
Source: mailchi.mp
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.
