VAT Gets a Digital Makeover: What Real-Time Reporting Means for Businesses 

The End of the End-of-Quarter Crunch  In a move that could change the way businesses across the EU handle taxation, the European Commission’s "VAT in the Digital Age" (ViDA) initiative is ushering in mandatory real-time reporting and e-invoicing requirements. These reforms are designed to modernize VAT systems, reduce fraud, and streamline compliance.  But for businesses, these aren’t just bureaucratic changes—they’re fundamental shifts that demand new systems, new habits, and a digital-first mindset.  Why Is This Happening Now?  The EU currently...