- GENA(EESPA) supports the aim of harmonized e-Invoicing and Digital Reporting Requirements (DRR) as part of the VAT in the Digital Age (ViDA) proposals.
- They advocate for the use of the ‘5-corner’ model for the exchange of invoices and other tax-relevant B2B data.
- However, they have concerns that the current direction of the negotiations deviates significantly from the original aims and will pose challenges for EU businesses.
- GENA(EESPA) calls on the EC and Member State leaders to implement a comprehensive, EU-wide CTC framework.
- They suggest allowing Member States to choose to implement domestic e-invoicing regimes that are interoperable with other EU states.
- They also propose allowing flexibility for existing regimes and maximizing the ability of centralized systems to receive electronic invoice data from taxpayers in other Member States.
- GENA(EESPA) believes that the EU would benefit from the introduction of the European Commission’s eDelivery artefact for real-life interoperability.
- They argue against mandatory centralized systems for prior authorization and verification and suggest that real-time validation can be performed by specialized service providers.
- They recommend the adoption of the 5-corner model, such as Peppol CTC, to release the pressure from Member States and allow for the introduction of an e-invoicing obligation first.
- GENA(EESPA) requests that no further e-invoice derogations be granted until harmonized rules can be agreed upon.
- They suggest using derogation powers to drive consistency between regimes and approving requests that have detailed implementation plans compatible with the desired end-state.
Source: eespa.eu
Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.
