5 tax agencies test EU ViDA Digital Reporting Requirements transaction data technical challenges
Denmark, Finland, Iceland, Norway and Sweden tax authorities are completing a pilot technical trial of exchanging VAT invoice data based on the EU ViDA Digital Reporting Requirements proposal. IT is known as Nordic Smart Government and Business (‘NSG&B’) coalition, including various businesses and e-invoicing companies.
The aim was to understand and test technical challenges under the European Commission’s ViDA proposal. This includes:
- Submitting and receiving structured e-invoices based on EN 16931 invoices.
- This is based on UBL 2.1 data format, with Peppol 5-corner exchange.
- Managing ViDA messaging, including reconciliation between e-invoice and messaging.
- Incorporating use of certified e-invoicing providers
The aim is to understand technical challenges of cross-border transaction reporting This was intended to go live in 2028, but now likely to only launch in 2030 or later. This includes a Peppol-based Continuous Transaction Control model.
The pilot is being closely followed by other countries who are keen to patriciate in the future. This includes: the Netherlands; Germany; Belgium; and the UK.