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Sweden Updates Invoicing Guidelines for Clarity and Compliance: More Details on Quantity and Nature

  • The Swedish Tax Agency has updated the invoicing guidelines to ensure compliance with information requirements.
  • The update provides more details about adding the quantity and nature of goods or services on invoices.
  • The purpose is to allow the tax authority to determine the applicable VAT rules for the transaction.
  • It is not necessary to provide a detailed description, but the information should allow the tax administration to determine the applicable VAT rate.
  • The guidelines allow for the inclusion of commercial descriptions, codes, or references to agreements, but not generic statements.
  • The quantity of goods delivered and the scope of services provided should be included on the invoice.
  • The updates aim to promote transparency and accuracy in invoicing practices.

Source: marosavat.com

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.

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