Tax managers are facing challenges with the repeated delays in the implementation of e-invoicing mandates by governments worldwide. E-invoicing, which involves the exchange of digital documents between suppliers and buyers, is intended to streamline invoicing processes and improve efficiency. However, the delays in implementation are causing frustration and impacting strategic decision-making and budget allocation within organizations. Despite the potential benefits of e-invoicing in reducing tax evasion and improving financial transparency, the rollout has been hindered by postponements due to the need for more preparation time and infrastructure development.
Source Innovate Tax
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