Tax Authority Mandates Monthly Reports for Transactions Outside Electronic Invoicing System

• Tax Administration has implemented a new monthly reporting requirement.
• The obligation applies to transactions not covered by electronic invoicing.
• Businesses must report these excluded transactions every month.
• The measure aims to improve tax compliance and oversight.
• Non-compliance may result in penalties.

Source: research.ibfd.org

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.

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