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Ireland Launches Consultation on VAT Modernization with Real-Time Digital Reporting and E-Invoicing

  • Irish Revenue Commissioners have launched a consultation on VAT modernization
  • The consultation aims to adopt real-time digital reporting and e-invoicing
  • Public input is open until January 12, 2024
  • It includes evaluating EU proposals for VAT in the Digital Age
  • The goal is to streamline VAT processes and keep Ireland at the forefront of tax administration modernization.

Source: globalvatcompliance.com

Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.

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