- Estonia’s finance ministry has started a legislative process for mandatory e-invoicing in all VAT-subjected B2B transactions
- The current 1,000-euro threshold for declaring taxable transactions will be removed
- The process will include consultations with stakeholders and drafting of legal texts
- A formal draft of the legislation is expected by the first half of 2025
- Implementation of these measures is planned for 2027
- The changes aim to increase annual VAT collection by approximately 16.6 million euros
- E-invoicing is already mandatory for business-to-government transactions but optional between businesses, leading to slow adoption
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.
