Important Update on VAT in the Digital Age (ViDA)

In this video, tax consultant John Sloot discusses recent changes and delays in the implementation of mandatory electronic invoicing for B2B transactions within the EU. While digital reporting and platform economy proposals are on track, the mandatory electronic invoicing initiative has been delayed by at least two years. However, individual EU member states, such as Romania, Poland, France, Belgium, Germany, and Spain, are moving forward with their own electronic invoicing requirements.

Businesses operating in these countries must comply with these new regulations. John advises companies to evaluate their ERP systems and consider suitable software to ensure compliance.

At Blue Turtle Tax, we can help you navigate these changes and manage electronic invoicing seamlessly. Reach out to us today for expert assistance!

📞 Contact us at Blue Turtle Tax to get started!

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👉 Watch the full video now and our other videos regarding ViDA!

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