EU: New draft of EU VAT reform (VAT in the Digital Age (ViDA))
May 9, 2024 · The European Commission (EC) on 8 May 2024 published an updated draft of the “Value Added Tax (VAT) in the Digital Age (ViDA)” package, which, if adopted, would amend the EU VAT rules in the following three areas: The EC initially proposed the VIDA package on 8 December 2022.
The value-added tax brings in billions for other countries, but the …
Jun 21, 2021 · President Joe Biden has called for tax increases on the wealthy, including hikes on income and capital gains, along with estate tax reforms and increased IRS enforcement. Other …
EU: Member states agree on VAT in the digital age (ViDA) package
Nov 5, 2024 · The Council of the European Union (i.e., the 27 EU member states) today agreed on new measures that will bring the EU’s value added tax (VAT) rules into the digital age. According to today’s EU release , the agreement covers three acts: a directive, a regulation, and an implementing regulation.
Value Added Tax: Latest News, Top Stories & Analysis - POLITICO
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Value-Added Tax - The New York Times
Andrew Yang’s proposed V.A.T. and $1,000 dividend would be more practical than Senator Warren’s wealth tax, in the view of the economist N. Gregory Mankiw. News about Value …
Phased EU VAT Reform Implementation Plan Unlocks Agreement - Bloomberg Tax
Oct 31, 2024 · Hungary has brokered an agreement between European Union countries on a value-added tax update for the bloc, clearing the way for its formal approval by finance ministers at a Nov. 5 meeting. “After long discussions, a new compromise has been found with staged deadlines,” for implementing the new rules, an EU official told reporters ...
EU Ministers Hail VAT Reform as Major Step in Digital Adaptation
Nov 5, 2024 · European Union finance ministers Tuesday hailed an agreement on a value-added tax reform as a significant step in adapting tax systems to digital technologies.
EU Lost Over €89 Billion in Value-Added Tax Receipts in 2022
Dec 18, 2024 · The European Union lost more than 89 billion euros ($93 billion) in value-added tax in 2022, according to a report published Wednesday by the European Commission. The commission attributed the gap to VAT fraud, tax evasion, tax avoidance, bankruptcies, miscalculations and other factors.
EU: EU has finally reached agreement on VAT in the d...
On 5 November 2024, the Economic and Financial Affairs Council (ECOFIN) of the European Union (EU) met to discuss changes to the EU Value Added Tax (VAT) rules as part of the VAT in the digital age (ViDA) initiative.
EU has finally reached agreement on VAT in the digital age (ViDA …
On 5 November 2024, the Economic and Financial Affairs Council (ECOFIN) of the European Union (EU) met to discuss changes to the EU Value Added Tax (VAT) rules as part of the VAT in the digital age (ViDA) initiative.