VAT control reports replaced by automatic sending of invoice data
The Finance Ministry is working on legislation obliging all companies and sole traders to send invoicing data to the tax authority FS before sending the invoice. They will have to issue an invoice for each transaction that does not involve an eKasa cash receipt. The data will be sent by accounting software. Companies and sole traders will also send incoming invoices to the FS. The Ministry argues that eKasa and VAT control reports no longer help detect tax evasion to such an extent as in the past. The new duty should replace the control reports.
So far, the Ministry does not see any reason for moving the income tax return deadline from March 31. It is ready to act if such a need arises.
