There is a lurking issue in many real-time reporting systems that depend on either trusted parties or trusting the government with all the invoice data. We believe neither approach is ideal, so we came up with a better alternative. We developed a tool that can automatically audit all e-Invoice extractions and conversions, and attach a cryptographic signature to the extraction. This signature is then sent either to the Tax Administration or any other system managing the real-time reporting. By doing so, we close the loophole of fraud, making the audit automatic and eliminating the need for manual checks, thereby improving efficiency.
Source Summitto
Latest Posts in "European Union"
- European Commission VAT Gap Report 2025: EU Faces Billions in Lost VAT Revenue
- EGC – T-268/25 (Sampension Livsforsikring) -AG Opinion – 100% ownership rule permissible if proportionate against tax avoidance
- EGC VAT Case – T-233/25 (Mokoryte) – Judgment – Subcontractor Cannot Adjust VAT for Unpaid Assigned Claim from Insolvent Developer
- Ecofin Council: government aims to reduce the regulatory burden and limit access to VAT information
- EU Set to Grant Anti-Fraud Agencies Limited Access to VAT Data Under New Bill













