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Tag: Continuous Transaction Controls

OECD reviews global e-invoicing regimes

OECD reviews global e-invoicing regimes

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Evaluation of electronic invoicing implementations with recommendations for global tax administrations; harmonisation not possible The Organisation for Economic Cooperation and Development has issued an initial findings report “Tax Administration 3.0 and Electronic Invoicing’ on electronic invoicing for tax authorities looking to introduce the VAT/GST control reform,

EU VAT Digital Reporting Requirements (DRR) e-invoice harmonisation update

EU VAT Digital Reporting Requirements (DRR) e-invoice harmonisation update

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European Commission seeks to harmonise digital Continuous Transaction Controls ‘CTC’ options for VAT e-invoice and real-time reporting. VAT Directive Amendments by 16 November 2022 The European Commission (EC) is undertaking a review to introduce harmonised Digital Reporting Requirements (DRR) (previously known as ‘Transaction Based Reporting’) across

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