- The EU member states did not reach an agreement on the VAT in the Digital Age (ViDA) proposal during the ECOFIN meeting on 14 May 2024.
- The ViDA proposal encompasses changes to VAT reporting, rules for the platform economy and e-commerce, and the extension of existing schemes for reducing the VAT compliance burden.
- Estonia expressed concerns about the new deemed supplier regime for platforms, which assigns VAT liability to platforms for certain supplies of short-term accommodation rentals and passenger transport. The Estonian minister of finance raised three primary concerns regarding this regime.
Source Deloitte
Join the LinkedIn Group on ”VAT in the Digital Age” (VIDA), click HERE
Latest Posts in "European Union"
- Comments on ECJ C-121/24: Non-payment of declared VAT does not constitute VAT fraud
- European Parliament Approves Simplifications to Carbon Border Adjustment Mechanism (CBAM)
- Comments on ECJ C-472/24: In-game gold: AG Kokott’s advice on VAT exemption, vouchers & margin scheme
- AG Kokott’s Opinion: VAT Exemption, Vouchers, and Margin Scheme for In-Game Gold Trading
- EU Reaches Agreement on 2028 Customs Reform