After two years of negotiations, the EU member states adopted the ViDA package. ViDA stands for VAT in the Digital Age. With the ViDA package, the EU aims to better equip the VAT system for the digital world we live in and fight VAT fraud.
- Pillar 1 ViDA: e-invoicing and digital reporting of intra-EU B2B transactions
- E-invoicing
- Digital Reporting
- E-Invoice Requirements
- E-invoicing for local transactions
Source: www.btwinstituut.nl