EU: EU tax advisors want e-invoicing regulation

The European Tax Adviser Federation (ETAF) has called for the European Commission to introduce more regional regulation of e-invoicing to promote security and better adoption. The strategy aims to boost e-invoicing adoption by integrating it into ERP systems, ensuring efficient transmission through interoperable infrastructures, and exploring its use in VAT and ESG reporting.

ETAF isa European umbrella organisation for 220 000 tax professionals from France, Germany, Belgium, Romania, Hungary, Austria and Croatia.

EC e-invoicing strategy this summer
The EC is to publish its e-invoicing strategy by summer, which ties into the VAT in the Digital Age July 2030 mandate of intra-community supplies structured e-invoicing.

Key measures for e-invoicing
procedures for certified tax advisors;
ensuring interoperability via standard semantic model and syntax – including adoption of the EN 16931 standard;
leveraging e-invoicing for automated compliance in VAT reporting;
10-day deadline for invoice data submission (ViDA is currently 5 days)
limit data requests to invoice data (including master data), payment information and ESG;
key roll for tax advisers and accountants in developing and enforcing regulatory principle;
Regulation of Peppol access points which are subject to fraud and abuse;
stricter regulations to prevent financial data misuse and ensure ethical data management practices.
automatic mandates for certified advisors to cross-verify other advisers and their clients in e-invoicing mandates.