- The European Parliament wants to postpone the proposals regarding VAT in the digital age (VIDA) by 1 year.
- VIDA consists of three parts: digital reporting obligations and e-invoicing, platform fiction for short-term accommodation rental and passenger transport services, and single VAT registration.
- The vote is not binding for the proposals, which are expected to be reviewed by EU finance ministers in December.
- The postponement would give companies more time to prepare.
Source: taxence.nl
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.
