- The implementation of E-Invoicing and E-reporting in the European Union (EU) presents challenges due to the fragmented approach of each member state.
- Standardization and harmonization are necessary to combat VAT fraud and achieve efficient cross-border trade operations.
- Businesses need ample time to adapt to new requirements, and the focus should be on streamlining and simplifying the E-Invoicing process.
- A united effort is necessary to overcome these challenges.
Source Luc Dhont – Written in personal name
- Join the Linkedin Group on Global E-Invoicing/E-Reporting/SAF-T Developments, click HERE
- Join the LinkedIn Group on ”VAT in the Digital Age” (VIDA), click HERE
Latest Posts in "European Union"
- EU Parliament Approves CBAM Reforms: New 50-Ton Threshold, Delayed Certificate Purchases to 2027
- ViDA: Transforming EU VAT with Harmonized e-Invoicing and Real-Time Reporting
- EU Court Ruling on Arcomet: Transfer Pricing Adjustments Pose VAT Risks for Companies
- Italian Tax Authorities Remove Non-EU Companies from VIES for Failing New VAT Guarantee Requirements
- Comments on ECJ C-121/24: Non-payment of declared VAT does not constitute VAT fraud
