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European Commission issues report on the Impact of e-Invoicing Directive

Thursday 22nd February, 2024

On 19 February 2024, the European Commission released a report assessing the effects of Directive 2014/55/EU on the Internal Market and the uptake of electronic invoicing in public procurement.

The report finds that public administrations of all EU27 member countries now accept eInvoices compliant with the European eInvoicing standard for public procurement contracts.

Moreover, the report finds that the directive’s impact has extended beyond the public sector, encouraging the adoption of eInvoicing in Business-to-Business (B2B) transactions. The impact of recent policies encompassing the use of the EU eInvoicing standard and model, including the ‘VAT in the Digital Age’ legislative proposal, will ensure an even more integrated and harmonised eInvoicing landscape. 

Finally, the report found that the EU’s approach is being adopted in different parts of the world such as Australia, Japan, Malaysia, New Zealand and Singapore. These countries have based their national eInvoicing specifications on the European standard.

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