The future of VAT: Life and electronic invoicing in the EU

 

The biggest change to intra-community VAT in decades, and it will directly affect your operations

 

 

Intra-Community VAT management is entering a new era. tax digitization and near real-time control will transform the way businesses operate in the single market. Vida (VAT in the Digital Age) is not just a regulatory reform: it is a structural change which will affect the processes and operations of any company with intra-community activity. Anticipating will be key to avoid risks, ensure compliance and maintain international competitiveness.

 

 

Speaker: Mr. Eduardo Caramazana, Area Coordinator, General Directorate of Consumption Taxes.

 

Program:

09:30 h. Reception and registration of attendees

 

09:45 a.m. Institutional opening
Mr. Saúl Jiménez, International Trade Advisor of the Madrid Chamber of Commerce

 

09:50 h. International context and global trends of VAT

– Tax digitization and near real-time control: transparency, efficiency, and the fight against corruption
fraud.
– New obligations for intra-community B2B operations.
– Impact on non-EU companies operating in Europe.
Life: the major VAT reform in the EU
– What is Vida and why is it the biggest VAT reform since the single market.
– Timeline and scope of the Directive.
– The three pillars of Vida
Electronic invoicing and digital reports: operational impact
– Mandatory electronic invoicing and near real-time reporting.
– Differences between national mandates and the European framework.
– Common format EN 16931 and absence of a single transmission model.

12:00 pm. End of workshop