The European finance ministers are expected to reach a unanimous political agreement on Tuesday 5 November on the legislative package on value added tax (VAT) in the digital age (ViDA), which aims to combat VAT fraud, support businesses and promote digitalisation (see EUROPE B13515A18).
Presented in December 2022, the ViDA package comprises three proposals: - single registration; - the exchange of information based of electronic invoicing; - digital platforms.
The Member States reached...