Download Sovos TrustWeaver’s paper on the trends affecting global e-invoicing compliance
The 10th edition of this paper outlines in detail the global trend towards real-time tax ‘clearance’ of invoices and how this impacts businesses in their day-to-day operations and business-to-business transaction automation strategies.
Readers will also find a summary of the regulatory status for over 70 countries, as well as an in-depth analysis of the ways tax authorities around the world use e-invoices to increase collection rates.
Since the last edition, the trend towards compulsory transaction-oriented integration of e-business systems with public authorities has continued to accelerate. The growing consensus among e-invoicing and VAT professionals is that indirect tax controls are quickly evolving towards real-time whereby tax administrations essentially become a 'third trading partner' in the exchange of sales and purchasing data between suppliers and buyers.
Download this paper for our insight into how companies can ensure their push towards automation with tax administrations doesn’t end up fragmenting or even contradicting their digital transformation of business processes.