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E-Invoicing: Which European accounting system could serve as a model?

  • The new government relies on an electronic reporting system to take effective action against sales tax fraud. 
  • Systems that provide for the release (clearing) of the invoice by the financial authorities promise direct control.
  • With the help of registered sales, inconsistencies, for example with regard to the income tax return, can be specifically identified with the appropriate software. 

Source EY

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