An invoice is a basic document issued by the supplier to the buyer for supplies of goods or services and, on the other hand, a claim for payment as a consideration for the supplies made. The invoices are therefore closely linked to the occurrence of the taxable event and thus to the liability for the calculation of value added tax “VAT”. “Taxable event” means an event which fulfills the legal conditions necessary for the occurrence of the VAT liability, and the “VAT liability” arises when the Slovenian tax authority has the legal right to demand tax from the person liable to pay it. even if payment may be deferred.
Source: ataxint.com
