Electronic transaction statement supporting VAT return Slovakia introduced its electronic transaction control statement report from 1 January 2024. It is required in support of the VAT return, so filled monthly or quarterly depending on the return reporting cycle. It applies to both resident and non-resident
Periodic listings of VAT sales and purchases to support VAT returns in fight against fraud Whilst the EU VAT Gap has started to reduce, tax authorities are anxious to speed-up the collections of missing VAT – both via errors and fraud. For over a decade, they have
2024 launch of XML-listing of VAT transactions pushed back Long-standing plans for Norway to joining the list of countries requiring transactional digital reporting reports, Control Statements, to support VAT returns have been put off. The provisional plan had been for January 2024. This was originally
Tax authorities migrating from VAT returns to digital reporting requirements, including: e-invoices; real-time reporting; SAF-T; Control Statements; pre-filled VAT returns; freight transport e-registers; and fiscal cash registers Driven by stubborn VAT fraud and other missing indirect tax revenues – the EU VAT Gap is €136billion
Tax authorities migrating from VAT returns to digital reporting requirements, including e-invoices, SAF-T, Control Statements, pre-filled VAT returns and fiscal cash registers Driven by stubborn VAT fraud and other missing indirect tax levels – the EU VAT Gap is €136billion – many countries around the
VAT registered business to submit VAT invoice listings with VAT return To help combat VAT fraud, particularly missing trader or carousel fraud, the Czech Republic (Czechia) has introduced Control Statements from 1 January 2016. These require resident businesses to list all sales and purchases each
