- European Commission proposed VAT reform package in December 2022
- ViDA package adopted by EU Council in November 2024
- “VAT after ViDA” initiative launched to explore new ideas for efficient EU VAT system
- VAT Expert Group produced report with ideas for future of VAT in December 2024
- Report aims to provide ideas for EU Commission and stakeholders to explore and research
- VEG brainstorms long-term future of EU VAT system, considering current system shortcomings and implications of ViDA package
- Suggestions made by VEG in different areas to design new EU VAT system conforming to principles of neutrality, broadening taxable base, and updated VAT collection and refund processes.
Source: ivaconsulta.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.
