European Commission Publishes Implementation Strategy for VAT in Digital Age Package

The European Commission Sept. 24 published the implementation strategy for the VAT in the digital age (ViDA) package, which entered into force April 14. The ViDA package includes measures to: 1) introduce real time digital reporting requirements based on mandatory e-invoicing for cross-border trade, from July 1, 2030; 2) impose deemed supplier measures requiring platforms in the passenger transport and short-term accommodation rental sectors to collect and pay VAT when users don’t, from July 1, 2028; 3) simplify the single VAT registration (SVR) process by introducing measures to reduce the need for several VAT registrations in different Member States; 4) ...