Community
This rapid action - now in Belgium is a very welcome step in the right direction. Practioners know that structured e-invoicing is so much more secure, that there are no needs to impose mandatory digital signatures and that DG Taxud and member states are moving towards PAN EU equal treatment.
The technology neutral approach means that businesses can rely on the same business controls they use for their present invoicing and deploy - when they see fit - additional tools. It is now important that the work in progress by DG Taxud leads to full support for wider simplification and unification of equal treatment cross-EU.
Then the administrative burden from local and other-country rules will be cut and migration to paradigmatic platform for further innovation, automation and simplification speeded up. By far the most important, easy and fast to implement part of the Lisbon productivity agenda.
We look forward to the next country following soon and possibly even improving on the example from Belgium.
This content is provided by an external author without editing by Finextra. It expresses the views and opinions of the author.
Elena Vysotskaia Founder & CEO at Astra Global
03 January
Dieter Halfar Partner at Elixirr
Prakash Bhudia HOD – Product & Growth at Deriv
Konstantin Rabin Head of Marketing at Kontomatik
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