- The Role of Indirect Tax Teams: As e-invoicing mandates gain traction globally, indirect tax professionals should lead the digital transformation in tax, leveraging their expertise in VAT and local regulations to navigate compliance complexities within invoicing processes.
- Complexity Beyond Technology: E-invoicing is not just a technical challenge; it involves critical tax-related considerations, such as required invoice fields, tax code application, and compliance with archiving and reporting rules, which must be understood and addressed to avoid penalties and audits.
- Proactive Involvement for Compliance: To avoid costly last-minute changes, indirect tax teams must be involved early in e-invoicing projects, enabling a proactive approach that shapes compliant processes from the outset, ensuring that the e-invoicing solutions are not only technically robust but also future-proof.
Source Innovate Tax
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- See also
- Join the Linkedin Group on Global E-Invoicing/E-Reporting/SAF-T Developments, click HERE
