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Modernizing EU VAT Cooperation for the Digital Age

Summary

This proposal aims to establish a central electronic system to improve the exchange of VAT information between EU Member States. It seeks to combat cross-border tax fraud more effectively through digital reporting requirements.
9 25.03.2025
Other
economy
finance
taxation
administrative reform
public administration
business and competition
information technology and data processing

Key points

In force from 01/01/2025 Out of force from 01/01/2030
  • Establishment of a centralized electronic VAT information exchange system (central VIES) to facilitate data sharing.
  • Introduction of digital reporting requirements to provide transaction-by-transaction data for better monitoring.
  • Granting direct access to the central system for EU agencies such as the EPPO, OLAF, and Europol.
  • Mandating that business data collected through electronic invoicing and reporting must be stored physically within the European Union.
Documents (PDFs)
DRAFT REPORT on the proposal for a Council regulation amending Regulation (EU) No 904/2010 as regards the VAT administrative cooperation arrangements needed for the digital age REPORT on the proposal for a Council regulation amending Regulation (EU) No 904/2010 as regards the VAT administrative cooperation arrangements needed for the digital age VAT: administrative cooperation arrangements for the digital age
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