Issuance and Declaration of Electronic Fee Invoices in Tax Declaration No. 1879 (Office No. 593/2024)

• Electronic invoices for professional fees must be issued at the time of income perception
• If an invoice is issued before payment for the service, no tax withholding is required
• Tax withholding on professional fees should be reported in the annual tax declaration
• Tax withholding should be done in the year the payment is made, not when the invoice is issued

Source: assets.kpmg.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.