Vertex, the tax technology and service provider, has released its annual report detailing sales tax rates and rules changes. A further analysis explains the emerging trends that could create unique challenges for businesses, specifically as jurisdictions look to make up for lost revenue due to the ongoing pandemic.
Vertex consistently tracks sales tax rates and rules and produces detailed mid-year and end-of-year reports featuring tax data over a 10-year period. These reports are widely referenced by industry groups and indirect tax think tanks.
The European Union’s “VAT in the Digital Age” (ViDA) initiative is set to reshape the VAT compliance system across member states. At the core of this initiative is the transition to mandatory B2B electronic invoicing, alongside real-time reporting requirements.
For businesses, these changes bring both challenges and opportunities, requiring organizations to adapt their systems, processes, and strategies to remain compliant while also unlocking new efficiencies in their operations.
Get practical guidance on stabilising your France e-invoicing setup, preparing for future e-reporting and e-invoicing mandates.
Since France’s e-invoicing mandate was implemented, the focus for finance and IT teams has shifted from meeting the deadline to resolving operational issues and strengthening processes.
Join Gonçalo Ladeira Dias and Patricia Rocha Jordan for a 45-minute interactive clinic in which they’ll share lessons from the first live implementations, discuss common pitfalls and answer your questions about e-invoicing and e-reporting in France.