Real-time reporting models compared (Brazil, Hungary, Italy)

Many governments all over the world are currently deciding what type of real-time reporting system they want to implement. With this blog post we hope to assist these governments by showing various design options of real-time reporting. In the following we will analyse four different real-time reporting solutions after which we will compare those with summitto’s own real-time reporting solution: TX++. We will explain that TX++ can achieve the same results as any other real-time reporting system, while at the same time:

1. TX++ accepts all invoicing standards;
2. does not require clearance;
3. optimally protects taxpayer’s data;
4. provides additional value to companies.

Comparison of

• Real-time reporting in Hungary
• Centralised clearance in Italy
• Clearance in Brazil

Source Summitto

See also

• Analysis of different EU intra-Community transaction based reporting scenarios
• Global overview of future e-invoicing, e-filing, real time reporting, SAF-T – upcoming changes (status Oct 25, 2021)

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