The European electronic invoicing standard (EN 16931) is mandated for public entities and widely used in B2B transactions. The EU Commission has released technical guidance for tax codes in EN 16931, outlining specific scenarios for VAT recording in e-invoices. The guidance covers general exceptions, intracommunity supply, reverse charge, exports, VAT in financial services, and margin VAT for travel services. Users can suggest additional use cases via the DIGITAL Service Desk.
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- See also
- Join the Linkedin Group on Global E-Invoicing/E-Reporting/SAF-T Developments, click HERE
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