The EU council has finally reached a political agreement on ViDA at the 5th of November. The measures contained in the Vat in the Digital Age (ViDA) proposal introduce new rules for businesses supplying cross-border transactions and platform companies. Most suppliers will have to change their invoicing and VAT reporting processes and new obligations and liabilities for platforms that facilitate supplies will be introduced.
Source: pincvision.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.
