The digitalisation of VAT is currently high on the EU political agenda. For example, the current president of the Council of the European Union, Portugal, will prioritise initiatives related to “the digital transformation of businesses and digital platforms, to the areas of e-commerce, payments and taxation”. In this blog post we will dive deeper into the digitalisation of VAT in specific and show the benefits of digitalisation for both businesses and governments. Furthermore, we will discuss how real-time reporting can help to take the government’s digitalisation efforts to the next level!
Source: summitto.com
