Companies will have to send all invoices using a state portal

The Finance Ministry is working on legislation introducing eFaktúry, an electronic invoice system, under which companies would have to send all invoices using a state portal. This system, already in use in Hungary, Spain, and Italy and recommended by OECD, is meant to combat tax evasion. Its launch date has not been set. First, in 2021, it will be introduced for invoices sent to public institutions.

(HN/1)