- Government now requires owners of residential buildings rented for commercial purposes to issue electronic invoices
- This new requirement aims to improve tax compliance and reduce tax evasion
- Owners must register with the tax authorities and issue electronic invoices for all commercial rentals
- Failure to comply with this requirement may result in penalties or fines
Source: research.ibfd.org
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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