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Europe Daily Bulletin No. 7845

20 November 2000
Contents Publication in full By article 19 / 42
GENERAL NEWS / (eu) eu/tax
European Commission proposes new VAT invoicing rules, notably electronic, to lighten burden on companies

Brussels, 20/11/2000 (Agence Europe) - On Monday, the European Commission presented a draft directive aimed at modernising and harmonising invoicing rules in the EU on value added tax (VAT). It is, notably, proposing setting out a list of things it would be compulsory to mention on all invoices and creating a common legal framework for electronic invoicing.

The current rules date back to the 1960s and leave it up to Member States to define in detail the form that invoices on goods and...

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