Looking at the future – Blockchain in E-Invoicing

Blockchain technology will have a greater impact on various tax topics in the future, particularly in the fight against VAT fraud.
It has the potential to reduce administrative burden and improve processes, such as standardizing e-invoicing.
Germany has recognized the advantages of blockchain in combating VAT fraud and aims to integrate it into national solutions.
The use of blockchain can also reduce compliance requirements for the private sector and offer advantages for cross-border transactions.
However, there is still limited empirical data for an e-reporting system based on blockchain.

E-invoicing