17 October 2017
Bo Harald

Good for society at large

Bo Harald - ZEF, Transmeri, Real Time Economy Program

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Transport mode IS irrelevant..

24 November 2008  |  2085 views  |  0

We now know that most EU-countries support Equal Treatment - of paper and e-invoices - from a VAT-auditing angle. This is great progress. 

Some may still need clarification - what does ET mean? In all essence it means that: Transport IS irrelevant. From this follows that auditing can treat all invoicing in the same way.

Of course it makes common sense - VAT audit is taking place in the corporate environment today and tomorrow - and it will be easier and finding less fraud, the faster we move away from paper. That is the only difference - and the very reason why ET is in everybody's interest as it makes it easy to migrate - not difficult as for example mandatory digital signatures do.

Will this lead to a slower harmonization of VAT auditing? I do not think so - on the contrary it will be possible to move faster also in this field - as ET will bring volumes, pressure on roaming, interoperability and use of common standards.

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