9 July 2019
The Romanian tax authorities have confirmed that they will introduce a mandatory SAF-T by the end of 2020.
The SAF-T file, which is a way for the tax authorities to exchange VAT data with businesses in a more secure, accurate and efficient way, will be mandatory for all VAT registered businesses.
These files are already in use in several EU countries including Poland, Portugal, Austria, Luxembourg, France and Lithuania.
LATEST NEWS
Belgium approves draft law for near-real-time...
July saw the Belgian Council of Ministers approve a preliminary draft law to introduce near-real-time electronic reporting of certain invoice data to the tax...
SEE MORE
LATEST NEWS
Luxembourg proposes the introduction of electronic...
This month Luxembourg’s Government approved a draft law to introduce mandatory structured business-to-business (B2B) e-invoicing for domestic transactions...
SEE MORE
LATEST NEWS
Germany's action plan signals move toward...
Germany has announced a 26-point “Action Plan” against tax and financial crime, which aims to increase detection risk, strengthen enforcement, and improve...
SEE MORE