Debate on e-invoicing and the VAT system in the Parliament of the European Union.

Debate on e-invoicing and the VAT system in the Parliament of the European Union

On February 16, 2022, the European Parliament voted in favor of pan-European harmonization of e-invoicing and adopting the final reform of the VAT system to: facilitate cross-border interoperability; ensure legal compliance, increase the transparency of commercial transactions; and reduce fraud and errors; Parliament acknowledges that Member States are already adopting various forms of e-invoicing and […]

Important changes to Intrastat declarations from January 2022

Important Changes in the Intrastat declarations from January 2022

The new “Regulation on European Business Statistics” entered into force on January 1, 2022. From that date, Intrastat Dispatches declarations across the European Union (EU) will require two additional statistical information. The new data items to provide are: Partner’s tax identification number Country of origin Some EU Member States have already requested this information by […]

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