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Digital VAT Reporting Consultation in Ireland: Revenue Seeking Inspiration from Global Business Experiences

  • Irish Revenue has opened a public consultation on modernizing Ireland’s domestic reporting systems.
  • The consultation seeks businesses’ experiences and challenges with existing e-invoicing and digital reporting programs.
  • Ireland will take inspiration from existing domestic reporting systems worldwide.
  • The progress of ViDA discussions within the EU Commission and parliament will also influence Ireland’s decision.
  • ViDA discussions are moving towards a digital real-time reporting system based on mandatory e-invoicing.
  • It is unclear if Ireland will follow this route, as no specific details or timeline have been provided.

Source: meridianglobalservices.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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