Pagero comments on the digitalization proposal (ViDA) by the European Commission
On 8[th] December 2022, the European Commission (EC) presented their proposal to further digitalize and harmonize invoicing and VAT reporting in the EU (referred to as VAT in the Digital Age or ViDA).The proposal aims to make e-invoicing* the new norm within the EU for both domestic and intra-Community transactions, phasing out the use of PDF by 2024 and paper latest by 2028. Further, it is proposed that starting from 2024 EU Member States will be allowed to implement country-wide e-invoicing obligations without prior approval of the Commission (which is the case today). “In recent