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Europe Daily Bulletin No. 10099

17 March 2010
GENERAL NEWS / (eu) eu/ecofin council
Political agreement on directive to promote electronic invoicing for VAT statements

Brussels, 16/03/2010 (Agence Europe) - Despite reticence on the part of the Netherlands, European finance ministers reached an unanimous political agreement on Tuesday 16 March on the proposal for a directive aimed at promoting the use of electronic invoicing for value added tax (VAT) statements (EUROPE 9828). The future directive, which is to take effect on 1 January 2013, will promote electronic invoicing and introduce rules on the integrity and authenticity of this kind of invoicing, the...

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