VAT in the Digital Age (ViDA) – no consensus agreed

Please Try a Different Browser

You are using an outdated browser that is not compatible with our website content. For an optimal viewing experience, please upgrade to Microsoft Edge or view our site on a different browser.

If you choose to continue using this browser, content and functionality will be limited.

European Union

07.22.24

VAT in the Digital Age (ViDA) – no consensus agreed

Further to the VAT in the Digital Age (ViDA) assembly last month, negotiations failed to reach a definitive consensus on the ViDA proposal. This was mainly due to Estonia’s objection to the proposed deemed supplier rules.

ECOFIN again re-convened on 21 June 2024 with hopes that a final package could be agreed between all Member States. However, Estonia maintained its position, stalling progress for an agreed package.

The ViDA presidency will now shift from Belgium to Hungary, who will now be tasked with reaching consensus on the package.

The ViDA proposal is expected to have a profound impact on e-invoicing and e-reporting practices over the coming decade. Tungsten Automation continues to follow ViDA negotiations closely, with a view to analysing a final version and assessing its impact.