Businesses and Member States expressed their concerns about the consequences of the ‘VAT in the Digital Age’ (‘ViDA’) initiative at an event organised by the European business association Business Europe on Tuesday 18 April.
The Member States are currently discussing this initiative, which was presented by the European Commission in December 2022 (see EUROPE B13080A19). It aims to modernise the value added tax (VAT) system through real-time digital reporting, updated rules for...