In order to combat tax fraud and boost market competitiveness in Europe, Germany continues discussions regarding Continuous Transaction Controls (CTC) systems for e-invoicing. CTC is a type of transaction-based reporting or clearance that is based either on the actual invoice or on a subset of the invoice.
Law enforcement agencies, such as tax administrations, can collect data associated with business activities through CTCs. A business data management system provides this data in real-time or near-real-time.
Source eBusiness eXpert
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