- Germany introduced E-Invoice as part of the VIDA project
- E-Invoice set to become standard in B2B sector from 2025
- EU working on VAT reform to reduce complexity and fraud
- VIDA expected to bring extensive changes to VAT system by 2030
- Shift towards real-time exchange of sales data with tax authorities
- Focus on inner-community trade
- Online platforms now responsible for VAT on goods sold through them
- EU looking to expand this model to services sector
Source: blog.esche.de
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.
