A notable trend has emerged over the past few years as tax authorities worldwide embrace the shift to a fully digital economy. This transition is marked by the increasing implementation of e-invoicing systems and continuous transaction controls (CTCs). These measures are being adopted to enhance oversight and gain deeper insights into business transactions, both domestically and internationally
In this three-part series, we will explain e-invoicing, how it works, why it is gaining popularity, what technology and compliance challenges it presents to corporate tax, finance, and IT teams, and share some best practices for doing business in an e-invoicing regime.
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