E-invoicing and E-Reporting: a catalyst for transformation

With indirect tax becoming many governments' preferred method of revenue raising, and evermore complicated regulations focused on combatting fraud, it’s more critical than ever to manage indirect tax compliance and cash flows.

Deloitte have created Digital Tax Atlas to help you keep track of tax regimes and reporting obligations targeted specifically at digital platforms that have a global user base.

On 8 December 2023, the Economic and Financial Affairs Council (ECOFIN) reported on the progress made by the European Commission and the EU member states on the VAT in the Digital Age (ViDA) proposal that was published exactly one year earlier. This proposal contained the European Commission’s ambitious vision for how VAT reporting should embrace digital opportunities, recommended changes to the VAT rules applicable to the platform economy and e-commerce, and presented steps towards a single VAT registration in the EU. Despite an intensive work programme under successive EU presidencies, no agreement has yet been reached on any of the components of the ViDA package. However, this anniversary is an appropriate opportunity to take stock of how the proposed package of measures has evolved over the past year.

The Brussels based Global Tax Centre supports local, nearshore and offshore compliance activities. The Compliance Centre covers all compliance related activities, also assisting in post-merger integration, shared services centres creation, Pan European process, procedures and risk reviews.