VAT in the Digital Age. Preparing for the future of VAT compliance with the Spanish SII test version
VAT and technology. Prepare for the future now On 8 December 2022, as part of its VAT action plan, the European Commission launched the “VAT in the Digital Age package” (“ViDA”) that includes proposals to modernize the EU VAT system to address to the challenges of digitalization. These proposals relate to 3 main topics or pillars: Pillar one on Digital Reporting Requirements (DRR) and e-invoicingPillar two on Platform EconomyPillar three on Single EU VAT Registration Although the initial...
