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Tag: Digital Reporting Requirements

EU EC Sales List replaced by Digital Reporting Requirements July 2030 – VAT in the Digital Age

EU EC Sales List replaced by Digital Reporting Requirements July 2030 – VAT in the Digital Age

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ViDA 2030 near-live reporting of EU Intra-community supplies replaces EC Sales List The new Digital Reporting Requirements (DRR) , now agreed as part of the EU VAT in the Digital Age package, will retire the EC Sales List (ESL) requirement from 1 July 2030. Instead

Death of the VAT Return? e-invoicing, SAF-T & pre-filled returns

Death of the VAT Return? e-invoicing, SAF-T & pre-filled returns

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Tax authorities migrating from VAT returns to digital transaction reporting: e-invoices; real-time reporting; SAF-T; Control Statements; with pre-filled VAT returns Driven by stubborn VAT fraud and other missing indirect tax revenues - the EU VAT Gap is €61 billion - many countries around the world
Nordics ViDA digital reporting & e-invoicing pilot; phase 2

Nordics ViDA digital reporting & e-invoicing pilot; phase 2

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5 tax agencies Phase 2 EU ViDA Digital Reporting Requirements transaction data technical challenges Denmark, Finland, Iceland, Norway and Sweden tax authorities have completed a second phase of their pilot technical trial of exchanging VAT invoice data based on the EU ViDA Digital Reporting Requirements proposal.

Kid Misso: e-invoicing mandates expose transaction data gaps

Kid Misso: e-invoicing mandates expose transaction data gaps

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Long standing data availability & accuracy challenges take on new imperative with the proliferation of VAT digitalisation and live transaction reporting The whirlwind of global e-invoicing and digital reporting mandates is upon us as governments demand live access to transactional data to validate and surface

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