E-invoicing: putting taxation back at the heart of the system

• Focus on Tax Compliance: The reform of electronic invoicing is primarily a tax reform aimed at enhancing VAT traceability and reliability, requiring clear roles and understanding among companies regarding tax management rather than treating it as a purely technical issue.
• Role of Tax Specialists: Tax specialists are crucial for categorizing invoices, defining transaction profiles, and establishing VAT codes and exemptions, ensuring compliance cannot be delegated to technology alone; they provide the necessary legal framework for proper invoice processing.
• Collaborative Governance Approach: Successful implementation of the reform demands collaboration among IT, accounting, and taxation professionals, creating a shared governance structure that links legal requirements with technical processes, and positioning tax professionals as key architects of compliance.

Source Kamila F

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• See also
  • E-Invoicing/Real Time Reporting – What can you find on VATupdate.com
  • Worldwide Upcoming E-Invoicing mandates, implementations and changes – Chronological
  • Collection of E-Invoicing Guides – Worldwide – VATupdate
• • Briefing / Comprehensive Guides (incl. podcasts)

• Join the Linkedin Group on Global E-Invoicing/E-Reporting/SAF-T Developments, click HERE
• Join the LinkedIn Group on ”VAT in the Digital Age” (VIDA), click HERE

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