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E-Invoicing Mandatory for Intra-EU Business, Tax Official Says

Electronic invoices would be mandatory for all cross-border transactions between businesses within the European Union under a new legislative proposal expected Dec. 7, an EU tax policy officer said at an event Wednesday.
An upcoming EU overhaul of value-added tax rules would make e-invoicing mandatory for some transactions and would ultimately save companies more than 40 billion euros ($41.7 billion), an official said Wednesday.

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