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 live reporting. But it should be coordinated to promote ease of adoption by firms and efficient tax data exchange. Each parliamentary vote is not binding on the EU Member States.
Parliament reaffirmed its support for reforms of the current “provisional” origin-based VAT rules for B2B goods transactions. This was perfect for tax frauds using a zero intra-community supply process to collect billions of VAT. And it creates complexity and costs for law-abiding companies. The proposed target VAT system for 2018 proposes a transition to a destination-based model, supported by easier ways of reporting and paying this VAT. However, many Member States have reservations about a proposal that is effectively blocked.
Proposed EU requirements for digital reporting
EU VAT reforms in the digital age include a channel for harmonized digital reporting requirements (DRR) and continuous transaction control (CTC).
This was due to the proposed EU tax action plan for 2020 on a fairer and more efficient EU tax system.
Europe e-invoicing and live reporting
Country
Date
Comments
EU e-invoice proposals
2024
Live transaction reporting proposal
Albania
Jan. 2021
Authorized e-invoice software and pre-billing
Belgium
TBD
Gradual introduction of B2B e-invoices
Bulgaria
2023
Public consultation on the e-invoice model before check-in
Finland
Arp. 2020
The customer can request B2B e-invoices
France
Lipiec 2024
E-invoice before billing
Germany
2024 (?)
New government e-invoice “as soon as possible” to fight fraud
Greece
Oct. 2021
E-invoice and e-books
Hungary
July 2018
Live RTIR invoice reporting. No initial government check is required
Italy
Jan. 2019
SdI e-invoicing in advance
Ireland
TBC
Public consultations are underway
Latvia
Jan. 2025
B2B e-invoices based on PEPPOL
Poland
Jan. 2023
Voluntary January 2022; compulsory 2023. Government model of initial check-in
Portugal
July 2021
Certified invoicing software for non-residents
Jan. 2023
ATUD numbering on invoices
Romania
2022
Implementation of e-invoicing RO
Russia
Jan. 2023
Government e-invoicing in advance; full B2B 2023
Serbia
May 2022
Government e-invoicing in advance
Slovakia
Jan. 2023
Government e-invoicing B2B and B2C advance
Slovenia
2023 ?
The e-SLOG B2B offer is blocked
Spain 1
July 2017
SII Live Invoice and Accounting Reporting
Spain 2
2023-25
e-invoice pre-settlement model as a supplement to SII
Sweden
2024?
A review of live digital reporting options has begun
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:
Parliament acknowledges that Member States are already adopting various forms of e-invoicing and live reporting. But it should be coordinated to promote ease of adoption by firms and efficient tax data exchange. Each parliamentary vote is not binding on the EU Member States.
Parliament reaffirmed its support for reforms of the current “provisional” origin-based VAT rules for B2B goods transactions. This was perfect for tax frauds using a zero intra-community supply process to collect billions of VAT. And it creates complexity and costs for law-abiding companies. The proposed target VAT system for 2018 proposes a transition to a destination-based model, supported by easier ways of reporting and paying this VAT. However, many Member States have reservations about a proposal that is effectively blocked.
Proposed EU requirements for digital reporting
EU VAT reforms in the digital age include a channel for harmonized digital reporting requirements (DRR) and continuous transaction control (CTC).
This was due to the proposed EU tax action plan for 2020 on a fairer and more efficient EU tax system.
Europe e-invoicing and live reporting
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Justyna Urbaniak
Co-founder of the Tick company. I write a blog for you about VAT issues and more. We invite you to read and follow our posts ;-).
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