Overview of the EU-backed standard for structure electronic invoices Standard EN6931 was adopted by CEN (European Committee for Standardisation) on April 17, 2017. It is already adopted for B2G e-invoicing in the EU, and is the basis for the July 2030 Digital Reporting pillar of
ViDA Pillar 1, Intra-community EU Digital Reporting Requirement & e-invoicing 2030; full EU and domestic harmonisation 2035 As part of the EU ViDA reforms, EU Finance Ministers gave political agreement to Pillar 1, Digital Reporting in May 2024. One of the other pillars, Pillar 3,
Estonia still vetoing 2027 Pillar 2 of ViDA, ride & accommodation platforms becoming deemed supplier As part of the EU VAT in the Digital Age reforms, ride and accommodation marketplaces / digital platforms will take on the deemed supplier for VAT role of their underlying
Preparations begin for July 2027 Extension of OSS return for cross-border movement of own goods: B2C e-commerce; and B2B call-off stock Harmonisation of B2B reverse charge. But extension of marketplace ‘deemed supplier’ to EU sellers proposal now dropped Whilst the full EU VAT in the
2025 SME Special Scheme introduces pan-EU €100,000 registration threshold to reduce foreign VAT compliance burden The EU member states have agreed to extend the same VAT registration thresholds enjoyed by domestic businesses to EU businesses from other member states (non-resident). The aim is to encourage
EU VAT Expert Group revisits Import One Stop-Shop reforms The European Commission’s VAT Expert Group (VEG) has been reviewing improvements to the July 2021-introduced Import One Stop-Shop (IOSS) regime. This was part of the e-commerce VAT package reforms. IOSS enables the pan-EU reporting of VAT
EU member states’ control of input VAT deductibility means the full single EU VAT return evades us With the impending further extension of the One-Stop Shop VAT return in July 2027 via VAT in the Digital Age, why not tackle the final barrier to the
Simplified Triangulation – What if middleman / intermediary party has VAT number in other states? Who is responsible for transport? Triangulation still permitted? For businesses with complex cross-border chain supplies and ‘middleman’ or intermediary parties, Triangulation is a useful simplification to reduce the numbers of
EU VAT in the Digital Age drops proposal to extend VAT deemed supplier obligations on facilitating marketplaces Marketplaces, or ‘electronic interfaces’ have been let off the hook for taking responsibility for their EU-resident sellers’ B2C goods transactions as part of the EU VAT in the
Member states freed to mandate e-invoicing without Commission approval; obligation for customer to agree to e-invoicing upon ViDA approval In order to facilitate the rapid adoption of e-invoicing, the European Commission has proposed to reform the legal hurdles (Articles 218 and 232, EU VAT Directive)
