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Trends in digital reporting – future developments of information transfer between businesses and governments

Report from the confederation of Swedish Enterprise and Deloitte Sweden published in December 2019, which provides an overview of some current trends in digital reporting from businesses to governments, with the aim of creating a platform for a deeper and more initiated discussion of possible future pathways.

The report reviews

  • Italian e-Invoicing
  • Spanish SII Real-time reporting
  • e-Filing in the UK
  • e-Filing in Poland
  • SBR in the Netherlands; and
  • SAF-T in Norway

Points to take into consideration:

  • Timeframes and system considerations
  • Collection of data – amount and quality
  • Reporting obligations to authorities may impact and change the way companies conduct business
  • Proportionate sanctions in a digital future
  • Consequences of real-time reporting
  • Digitalisation or standardisation?
  • Provision of tax code from tax authorities
  • Lack of overall strategy for digital reporting

Source: svensktnaringsliv.se

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