- The OECD released a report on 10 January 2026 providing guidance for jurisdictions considering or reforming digital continuous transactional reporting (DCTR) regimes for VAT.
- DCTR regimes require real-time or near real-time reporting of transactional data to tax authorities, aiming to improve VAT compliance and efficiency.
- The global adoption of DCTR has been uncoordinated, leading to compliance challenges, especially for businesses involved in cross-border trade.
- The report aims to help jurisdictions design and implement more consistent and effective DCTR regimes, but does not recommend or mandate their adoption.
Source: taxathand.com
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.
Latest Posts in "World"
- OECD Releases Guidance on Digital Transactional Reporting Systems for VAT Compliance and Administration
- OECD Issues Guidance on Digital VAT Transaction Reporting to Promote Global Standardisation and Compliance
- OECD Issues Guidance on Digital Continuous Transactional Reporting Regimes for VAT Compliance and Administration
- VATupdate Newsletter Week 2 2026
- Fintua’s International VAT Rate Round Up: December 2025
