E-invoicing is mandatory for business-to-government (B2G) transactions in Austria, but not for business-to-business (B2B) transactions. Austria began its e-invoicing mandate in 2012 with the ICT Consolidation Act, which required all businesses with federal government contracts to send structured electronic invoices. This law was extended to public authorities of the municipal administration in 2020. While B2B e-invoicing is not mandatory, it is strongly encouraged, especially for businesses with customers in other countries.
Source Storecove
- See also
- Join the Linkedin Group on Global E-Invoicing/E-Reporting/SAF-T Developments, click HERE
Latest Posts in "Austria"
- Comments on ECJ C-794/23 (Finanzamt Österreich) – No VAT Liability for Incorrect Rates Charged to Non-Taxable Consumers
- Tax Implications of Hobby in Castle Leasing and Management Under § 2 Abs 5 Z 2 UStG
- VAT Refund for Foreign Entrepreneurs on Austrian Real Estate Services
- Hobby Horse Breeding and Boarding: Tax Implications and Profitability Assessment Changes
- Input Tax Deduction for Test Vehicles Used Exclusively for Development Purposes