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VAT in the Digital Age – The rise and rise of einvoicing in the EU

The release of the proposals for e-invoicing harmonisation across the European Union (EU), as contained in the ‘VAT in the Digital Age’ report released by the European Commission on 8 December 2022, heralds a new era of (near) real-time transaction-level reporting to tax authorities on a scale never before seen.

Source KPMG


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