VAT records requirements for sellers, deemed supplier marketplaces and Intermediaries for on-demand VAT audit requests –SAF OSS XML schema The One Stop-Shop (OSS) and Import One Stop-Shop (IOSS) VAT returns were introduced in the EU on 1 July 2021 as part of the e-commerce package.
EP’s member services lays out procedures for ViDA progress ahead of 17 Oct 2023 ECOFIN vote The European Parliamentary Research Service has set out some of the issues in the EU VAT in the Digital Age reforms published by the European Commission on 8 December
ECJ confirms 2011 implementing regulation of the European Council specifying that the operator of a platform, such as OnlyFans, is presumed to be the supplier of the services provided – £11 million liability The Court of Justice of the European Union (ECJ) has confirmed on
EU Finance Ministers broadly agree with ViDA proposals at ECOFIN. But requests for delays on e-invoicing timetable and more consideration on platform reforms EU Finance Ministers today provided the European Commission’s proposed VAT in the Digital Age reforms. At the monthly Economic and Financial Affairs
EU Finance Ministers debate 3 ViDA questions at ECOFIN 16 June 2024 The EU’s 3-pillar reforms of the VAT regime, VAT in the Digital Age, is to be reviewed by Finance Minister at the monthly Economic and Financial Affairs Council (ECOFIN) on 16 June 2023.
HM Treasury – how proposed EU ViDA overlaps and complicates Northern Ireland’s post-Brexit position in EU VAT regime for goods The UK’s HM Treasury has issued a policy paper discussing how elements of the EU’s proposed VAT in the Digital Age (‘ViDA’) reforms may affect goods
ViDA – major progress needed on Single VAT Registration and Platform Economy reforms in 2023 for 2025 launch. Significant consensus on more complex Digital Reporting Requirements also required for 2028 implementation On 8th December 2022, the European Commission (EC) published its proposed VAT in the
European Commission (EC) proposes near real-time ‘post-audit’ model for 2028 Digital Reporting Requirements; rules out ‘pre-clearance’ reporting and approval by tax authorities of VAT invoices In its proposed Digital Reporting Requirements pillar of its VAT in the Digital Age reforms, the EC has opted not to require
ViDA reforms to EU VAT reporting and invoicing get underway this year as member states consider the most important reform proposals in 30 years On 8th December 2022, the European Commission (EC) published its proposed VAT in the Digital Age reforms in three pillars: Single VAT
