04.06.23
European Commission consultation regarding the approach of ViDA reforms
The VAT in the Digital Age Proposal (ViDA) has referred to the common European standard on e-invoicing (also known as EN16931) and advocated it as a necessary medium of data exchange between businesses. This common standard is contained within the e-invoicing Directive 2014/55/EU and defines invoice contents, format and language. The ViDA proposal, however, would extend the e-invoicing standard with the intra-community supply of goods and services. The European Commission currently is holding a consultation of this respective Directive which commenced on 17 March 2023 and will end on 14 April 2023.
The link for feedback can be accessed below:
File format and transmission form an integral part of the ViDA proposal, and Tungsten will follow developments in respect of the same.
Compliance is complicated
Want to learn more about how Tungsten Network makes the process of staying compliant easier?
Browse European Union updates
Strategic agenda EU Council published
- Country updates
Proposal for reduced rates for recyclable products
- VAT/G(S)ST rate information
Carbon Border Adjustment Mechanism (CBAM) draft law
- Other applicable taxes
Commission survey requesting e-invoicing feedback
- Country updates
Carbon border adjustment mechanism – CBAM (other taxes)
- Other applicable taxes
ViDA legislative process framework
- Country updates
EU and Singapore – Digital Partnership
- Country updates
VAT in the digital age – extension of feedback period
- Country updates
VAT in the Digital Age (ViDA) proposal
- Country updates
Carbon border adjustment mechanism
- Other applicable taxes