Regulatory updates - EU

Get the latest news and updates on e-invoicing, e-ordering, e-archiving and indirect tax regulatory requirements.

July 18 2024

The EU Commission has introduced a guide on Tax Codes for e-invoicing using EN 16931 standards

The guide outlines how tax codes defined in the European electronic invoicing standard (EN 16931) should be applied in specific tax-related scenarios to promote consistency.

June 25 2024

ViDA proposal once more vetoed during ECOFIN meeting

Estonia vetoed the VAT in the Digital Age (ViDA) proposal for a second time during last week’s vote at the ECOFIN meeting on concerns regarding Pillar 2 (Platform Economy).

May 14 2024

New approval timeline for the latest ViDA proposal publication

The latest publication’s potential approval has further been delayed until the end of June 2024. However, taxpayers are still curious as to what the newest proposal means for businesses and Member States within the European Union.

April 9 2024

The United States and the European Union set sights on harmonizing cross-continental e-invoicing

During the sixth ministerial meeting of the Trade and Technology Council held on 4-5 April 2024, representatives from the EU and US aimed to strengthen trade and technology cooperation.

February 21 2024

Unlocking Efficiency: European Commission Report on the Impact of e-Invoicing Directive in Public Procurement

On 19 February 2024, the European Commission released a report assessing the effects of Directive 2014/55/EU on the Internal Market and the uptake of electronic invoicing in public procurement. This report holds particular importance, especially given the ongoing discussions surrounding the ViDA proposal in the EU.

September 11 2023

Suggested amendments to the ViDA proposal

ECON (Committee on Economic and Monetary Affairs of the European Parliament) published 251 suggestions for the VAT in the Digital Age proposal in two draft reports.

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