On February 12, 2025, the VAT in the Digital Age (ViDA) proposal was approved by the European Parliament, marking a massive milestone for the future of digitalization across the European Union. The bill was approved with an overwhelming majority of 589 votes in favor and only 52 votes against the bill with 10 abstentions.
The proposal has been under legislative proceedings since December 8, 2022, when it was first presented. The European Council is expected to ratify the bill in March 202…