E-invoicing reporting without a clearance model
Hungary and Spain introduced the submission of sales e-invoice data to combat VAT fraud as a post-audit method. The taxpayer will keep sending in the traditional way invoices to its customer, but he must submit to the tax authorities the sales e-invoicing in XML format almost real-time for tax audit purposes. In Hungary, it is within 5 minutes after the invoice is generated, and in Spain, the submission needs to be done within four days.
