Group of the future of VAT: Minutes of the 48th meeting on March 28, 2025

Agenda

1. Welcome and introduction
2. VEG’s Report on VAT after ViDA: Presentation of the Report by the VEG informal working group ‘VAT after ViDA’ – Exchange of views
3. Study on the Challenges of VAT beyond ViDA: Presentation of the Inception Report by the contractor
4. ViDA Implementation
   1. GFV N° 144 Platform Economy – Follow up
   2. GFV N° 145 Single VAT Registration – Follow-up
   3. GFV N° 146 IOSS Project Group – FPG053 – Update
5. Information points
6. New SME scheme – Implementation – Update
7. AOB

Source Circabc

Documents shared

• GFV 144 – ViDA – Platform economy implementation – Feedback
• GFV 145 REV – Single VAT Registration – Follow-up
• GFV 146 – IOSS Project Group – FPG053 – Update

Minutes

GFV 147 – Minutes 48th GFV meeting March 28, 2025

• Meeting Overview: The 48th meeting of the Group on the Future of VAT (GFV) took place on March 28, 2025, in Brussels. The agenda was approved without contest.
• VEG Report on VAT after ViDA: The VAT Expert Group presented a report focusing on modernizing the EU VAT system post-ViDA, emphasizing simplification, digital adaptation, and sustainability. Key principles include broadening the tax base and removing exemptions.
• Study on VAT Challenges: A study was presented to identify weaknesses in the current VAT system, focusing on simplification, digitalization, and environmental alignment.
• ViDA Implementation: Updates were provided on Digital Reporting Requirements and electronic invoicing. A workshop in Vienna is planned to discuss these topics further. (This workshop took place April 8-10, 2025)
• Platform Economy and Single VAT Registration: Discussions included the facilitation fee, platform transactions, and the implementation of Single VAT Registration.
• IOSS Project Group: Efforts are underway to secure IOSS number verification to prevent tax evasion, with pilot testing scheduled from Q3 2025 to Q3 2026.
• SME Scheme Update: Some Member States face delays in implementing new SME rules, with ongoing efforts to integrate SME data into the Taxes in Europe database.
• Next Steps: Comments on the Platform Economy element of ViDA are due by April 30, 2025. The next meeting is tentatively scheduled for June 24, 2025.

Source

• Circabc