- Belgium failed to secure unanimous agreement on the ViDA package during the ECOFIN meeting
- Estonia opposed the current ViDA proposal due to concerns about the deemed supplier regime
- Belgian presidency proposed measures to reduce administrative burden, but were not enough to reach a consensus
- Estonia still could not be convinced during the latest ECOFIN meeting under the Belgian presidency
- Hungarian presidency of the EU Council will now take on the task of reaching a consensus in the second half of 2024
- ViDA package includes measures such as abolition of intra-Community declaration and optional introduction of B2B and B2C e-invoicing
- Belgium’s previous negotiations with the EU on e-invoicing did not lead to approval due to lack of e-reporting component in the current 4-corner model
Source: vat-consult.be
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.
