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Sweden is evaluating options for digitalizing VAT-related processes

Sweden is evaluating the developments within e-invoicing and transaction-based reporting space, formulating crucial questions for future goals.

With the background against the VAT in the Digital Age initiative by the European Commission, the Swedish Tax Agency (Skatteverket) has initiated a study of how digitalizing VAT processes can bring benefits to both tax authorities and businesses; for example, reducing VAT fraud and minimizing the administrative burden for companies.

 

Source Pagero

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