VATupdate

Share this post on

Draft Regulation on E-Invoicing Circulation and Submission to State Revenue Service Open for Consultation

  • Draft regulation on e-invoicing is open for public consultation
  • Sets rules for organizing and implementing structured e-invoice circulation
  • Defines terms like delivery channel and service provider
  • Applies to entities mentioned in the Accounting Law
  • Companies use various delivery channels for e-invoice circulation
  • Companies agree on delivery channels for mutual use
  • State Revenue Service develops a solution for receiving e-invoices
  • E-invoices are stored in XML format according to EU specifications
  • State Revenue Service provides structured information to the Official Electronic Address Information System
  • Companies use specified delivery channels to submit e-invoices to the State Revenue Service

Source: tapportals.mk.gov.lv

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.

Sponsors:

VATIT Compliance
Pincvision

Advertisements:

  • Exchange Summit