Finland becomes the first Member State to formally accommodate the ViDA initiative

On 19 January 2023, the Finnish Government (Valtioneuvosto Statsrådet) published a press release emphasizing that the government supports the modernization of value-added taxation in the digital age - ViDA initiative.

As per the announced statements in the release, the Finnish government accommodates the objectives of the ViDA proposals and the deployment of digital technology in the fight against tax fraud. They also consider the goal of simplifying the VAT system and reducing admi…