Here’s a summarized version of the observations from the revised ViDA draft:
Digital Reporting Requirements (DRR)
- DRR implementation set for July 1, 2030.
- Standard e- invoices required, with exceptions for domestic transactions.
- Cross-border e- invoices must be issued within 10 days.
- EU sales listing requirement to be removed from the same date.
- Real-time reporting mandatory only for cross-border transactions.
- Member states must update existing e- invoicing and reporting to the European standard by 2035.
Platforms
- Changes effective from January 1, 2026, for goods via marketplace and July 1, 2027, for short-term accommodation and passenger transport services.
- Platforms deemed suppliers, obliged to charge and collect VAT.
- Exception for taxable persons under SME scheme.
- Short-term defined as maximum 30 days, with exceptions.
- Deemed-supplier platforms exempt from TOMS; travel agents not covered.
Single VAT Registration
- Mainly effective from July 1, 2027.
- €10k EU-wide threshold doesn’t include sales from another Member State’s stock.
- OSS expanded to cover more supply types.
- Domestic reverse charge applies unequivocally except for margin scheme.
- Call-off stock simplification phased out by June 30, 2027.
Countdown to May 14th ECOFIN vote!
Full document is available here: pdf (europa.eu)
