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The Netherlands is another Member State to accommodate the ViDA initiative

14 February 2023
Netherlands

On 3 February 2023, the Ministry of Finance published a sheet of the working group Assessment (BNC) of the new EU Commission Proposals (ViDA proposals). In this sheet, a thorough assessment of the VAT regulations for the digital age has been conducted.   The Dutch position on the DRR and e-invoicing proposal According to the assessment paper, the government favours a digital reporting system for intra-community transactions, provided that such a system structurally relieves the administrative burden for entrepreneurs and efficiently supports the fight against VAT fraud. Moreover, as more source data will be exchanged and submitted to the tax...