As can be seen, the changes envisaged are of great impact, and here we have only indicated the main ones. In view of this, and in view of the fact that compliance with the new requirements will require significant technological and procedural adjustments by Member States and stakeholders, the introduction of the changes will be gradual and progressive.
First of all, Member States will have to take steps to enact the necessary measures and regulations to transpose the amendments: this phase should be completed between the end of 2023 and the beginning of 2024.
Subsequently, starting from 2025 and by 2030, the various requirements benin whatsapp resource related to intra-community digital reporting, single VAT registration and the new rules for platforms will gradually come into force.
The expected results
As we have mentioned, one of the main expected results is the recovery of VAT, thanks to the support that these measures based on digital processes can give in the fight against tax evasion and fraud. It is estimated that these measures will lead to convergence of 111 billion VAT in the Union coffers over the course of 10 years .
Furthermore, it has already been mentioned that SMEs will save money in terms of compliance costs, as measures such as single VAT registration will reduce the burden on businesses in this respect.
Furthermore, the measures will contribute to increasing and facilitating communication between national systems already in use, encouraging interoperability and also promoting the adoption of electronic invoicing and e-reporting systems for those States that have not yet implemented systems of this type.