ViDA Pillar 3: Platform Economy

Definition

ViDA Pillar 3: digital platforms in short-term accommodation and passenger transport become deemed VAT supplier from January 2030.

Platforms collect and remit VAT on behalf of underlying providers (often unregistered hosts/drivers), removing the current VAT loophole.

Member states may opt-in earlier; affected sectors are sharply defined as STR (short-term rental, max 30 nights) and passenger road transport.

VAT in the Digital Age: EU initiative driving e-invoicing and digital reporting requirements.

ViDA Pillar 2: extends OSS/IOSS so that businesses register for VAT once and report all EU sales through a single Member State.

VAT mechanism where the buyer accounts for VAT instead of the seller.