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Estonia Proposes New Measures to Enhance VAT Collection Efficiency

  • The Estonian Ministry of Finance proposed measures on December 4 to enhance VAT collection
  • The proposal suggests removing the 1,000 euros threshold for declaring transactions requiring all invoices to be declared in a VAT return annex
  • The proposal also aims to make e-invoices mandatory to increase efficiency and data accuracy

Source: news.bloombergtax.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.

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