The tax industry is slow to create new legislation in response to global and market disruptions, taking decades to update regulations. For example, digitalization, such as e-invoicing and real-time reporting, has taken a long time to become common. Digital regulations are removing manual work for tax professionals and are seen as the best way for tax authorities to close the VAT gap.
Source Innovate Tax
Click on the logo to visit the website
- See also
- Join the Linkedin Group on Global E-Invoicing/E-Reporting/SAF-T Developments, click HERE
Latest Posts in "World"
- VAT Report Guide: Understanding the Nine-Box Financial Document for Business Compliance
- What is a Standard Audit File for Tax (SAF-T)? A Global Compliance Overview
- E–invoicing Developments Tracker
- How to map self-billing fields into UBL/CII for Peppol
- E-Invoicing Exchange Summit Singapore 2025 (Nov 24-26, 2025)