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The ViDA proposal receives final approval from the European Council

11 March 2025
EU

On March 11, 2025, the European Council provided the final stamp of approval on the ViDA proposal, fully ratifying the legislation. The core principles of ViDA remain, addressing digital reporting requirements (DRR), the treatment of VAT in the platform economy, and single VAT registration.   The message remains clear within the Union, as stated by the Polish Minister of Finance, Andrzej Domanski: “The EU’s VAT rules need to keep track of the digital transformation of our economies. This package will give the EU a competitiveness boost, help combat VAT fraud, and cut the administrative burden for businesses.”   Moving forward,...