EC seeks to harmonise transaction reporting
The European Commission (EC) is undertaking a review to introduce Transaction Based Reporting (TBR), which includes potentially e-invoicing. This is part of the VAT in the Digital Age, with reforms on OSS extension and role of marketplaces.
3 alternative Transaction Based Reporting platforms
- Transaction data stored by taxpayer
- Transaction data stored by national tax office
- Transaction data held at EU level
Source vatcalc
Latest Posts in "European Union"
- Comments on C-513/24 (Oblastní nemocnice Kolín) – Obligation for the presence of goods in hospital not decisive for VAT deduction
- EGC Customs T-296/25 (Lidikar) – Judgment – Use of Foreign Export Prices for EU Customs Valuation
- Comments on ECG T-689/24: Confirms Incompatibility of Polish Input VAT Deduction Rules with EU Law
- Comments on T-221/25: Implicit VAT taxation for non-EU travel services by agents is valid
- ECJ/General Court VAT Cases – Pending cases
