11.17.22
Digital Reporting Requirements
Digital Reporting requirements (DRR) encompass measures such as mandatory e-invoicing and e-invoicing obligations. EU Member States often instigate these measures to generate tax revenue.
Notably, however, the EU has not implemented a specific EU-wide agenda relation to DRRs, leading to individual countries to actively pursue their own fiscal agendas in relation to DRRs. From a broader perspective, this means there is greater uncertainty in the e-invoicing landscape around a uniform, universal standard.
To address these challenges, with a means to increase the effectiveness of the measures takes by Member States, the European Commission will publish its proposal on the future of DRRs on 16 November 2022 as part of its wider VAT in the Digital Age Initiative.
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Browse European Union updates
Strategic agenda EU Council published
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Proposal for reduced rates for recyclable products
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Carbon Border Adjustment Mechanism (CBAM) draft law
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Commission survey requesting e-invoicing feedback
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Carbon border adjustment mechanism – CBAM (other taxes)
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ViDA legislative process framework
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EU and Singapore – Digital Partnership
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VAT in the digital age – extension of feedback period
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VAT in the Digital Age (ViDA) proposal
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Carbon border adjustment mechanism
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