- ETAF recommends a future EU e-invoicing strategy to increase adoption.
- The strategy should integrate e-invoicing modules in ERP systems, ensure efficient transmission via interoperable infrastructures, and explore new uses like automated compliance in VAT and ESG reporting.
- ETAF emphasizes the need for regulation of Peppol access points to prevent fraud and privacy breaches.
- ETAF advocates for mandatory regulations across all EU Member States.
- ETAF demands automatic mandates for regulated tax advisers and accountants to verify identities and validate mandates.
- ETAF expresses concern about financial data ownership and misuse by commercial intermediaries.
- ETAF recommends the European Commission establish core regulatory principles for service providers, with tax advisers and accountants playing a key role in enforcement.
Source: etaf.tax
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.
Latest Posts in "European Union"
- CJEU Rules Non-Transactional Profit Adjustments by Principal Are VAT-Applicable Services in Arcomet Case
- Understanding VAT Implications on Transfer Pricing: Insights from Arcomet Case C-726/23
- VAT Implications on Transfer Pricing Adjustments: Insights from Acromet Towercranes Case
- CJEU Ruling: Transfer Pricing Adjustments Impact VAT in Arcomet Case (C-726/23)
- EU Court of Justice Rules Transfer Pricing Payments Subject to VAT in Arcomet Case