We use cookies to provide you with the best possible experience. By using Orbitax's services, you agree that we may store cookies on your device. Cookie Policy.
The AI assistant for tax questions
Track worldwide tax law changes daily
Cross-border tax analysis and data
Unify and empower your entity management
Provides compliance steps, forms & rates
Visualize and manage your entity data
Comprehensive compliance management
Audit and global tax controversy tracking
Manage reportable cross-border arrangements
Country-by-country reporting & compliance
Pillar 2 planning, reporting and compliance
Calculate US tax impact of foreign operations
Automated workflows for recurring tax tasks
Secure API connections to 3rd-party systems
Secure storage for your tax documentation
Automated tax workflows with secure APIs.
Collaborate securely on your tax data
Share This Article
On February 12, 2025, the VAT in the Digital Age (ViDA) proposal was approved by the European Parliament, marking a massive milestone for the future of digitalization across the European Union. The bill was approved with an overwhelming majority of 589 votes in favor and only 52 votes against the bill with 10 abstentions. The proposal has been under legislative proceedings since December 8, 2022, when it was first presented. The European Council is expected to ratify the bill in March 2025. The bill introduces three pillars with new requirements to combat VAT fraud and harmonize the treatment...