- Slovakia proposes mandatory B2B e-invoicing by 2027
- The system includes real-time reporting
- Taxpayers must use a prescribed electronic format for invoices
- Invoice data needs to be reported to the Slovak financial administration in real time
- The proposal aligns with EU directives for seamless cross-border transaction reporting by 2030
- E-invoicing aims to reduce tax fraud, improve tax collection efficiency, and minimize the VAT gap
- Public consultation on the proposal is open until January 31, 2025
- Changes in tax registration will be introduced by January 1, 2026
- Mandatory e-invoicing will be enforced for domestic transactions by January 1, 2027
- The system will expand to include cross-border transactions by July 1, 2030
- Slovakia is committed to modernizing tax administration through digital tools and encourages stakeholder participation in the consultation process.
Source: marosavat.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.