- VIDA Package Discussion: The Ecofin Council will discuss the VIDA package, focusing on digital reporting, platform fiction, and single VAT registration to streamline cross-border VAT compliance.
- Digital Reporting and E-Invoicing: From July 2030, EU member states must adopt a standardized system for cross-border transactions. Although the Netherlands sought a shorter transition, it supports the compromise to avoid increased administrative burdens.
- Platform Fiction: The proposal aims for mandatory platform fiction across all member states for short-term rentals and transport services. While seeking more harmonization, the Netherlands agrees to the compromise allowing some flexibility.
- Single VAT Registration: The Import-One-Stop-Shop component is removed from VIDA and will be addressed with Customs Code reforms. Member states generally support the single VAT registration goal.
- Compromise Efforts: Estonia previously opposed the platform economy text, but ongoing negotiations aim to reduce administrative burdens and reach consensus on the entire VIDA package, which the Netherlands supports.
Source Taxence
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