- Objective of the Initiative: The initiative aims to establish provisions for a common electronic message that taxable persons will use to transmit specific data from electronic invoices to the relevant authorities in EU Member States.
- Implementation Details: This initiative is categorized as an implementing regulation and is under the purview of Committee C18200, with the draft act currently in preparation for public consultation and feedback.
- Timeline for Adoption: The European Commission is expected to adopt this initiative in the second quarter of 2026, marking a significant step towards standardizing data reporting in taxation across the EU
Source
Read also
- See also
- Join the Linkedin Group on Global E-Invoicing/E-Reporting/SAF-T Developments, click HERE
Latest Posts in "European Union"
- Commission calls on BELGIUM, FRANCE, and MALTA to fully implement the new EU VAT rules for the special SMEs scheme
- From matchmaker to supplier: deemed supplies and platform classification under EU VAT
- European Commission Report Highlights Uneven VAT Rate Exemptions Across EU Member States
- EU Packaging Regulation Faces Legal Challenges Over Reusability, Plastic Ban, and Deposit Requirements
- European Union Adopts Peppol PINT Billing Standard for E-Invoice Interoperability
