On March 11, 2025, the 27 EU Member States unanimously adopted the VAT in the Digital Age (“ViDA”) package. This means that a final green light has been given to the proposals for major changes to how VAT operates across the EU. In this tax alert, we summarize the key elements of the package, when they are due to take effect, and what the impact will be for businesses.
- What is ViDA and when will it take effect?
- First pillar of ViDA: E-invoicing and digital reporting
- Second pillar of ViDA: Platform economy
- Third pillar of ViDA: Single VAT Registration
- What can you do now?
Source: www.meijburg.com
