- The current maintenance of VAT guidelines adds to the topic of invoices
- The VAT law regulates when a business is required to issue invoices and specifies the necessary invoice components
- Any document used by a business to bill for a delivery or service can be considered an invoice, including electronic invoices
- A contract is not considered an invoice under the VAT law if explicitly stated in the contract
- Only one invoice with a separate tax statement can be issued for a transaction to avoid unauthorized tax charges
- Duplicates or copies of invoices must be clearly marked to avoid unauthorized tax charges
Source: pkf.at
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.
