Re:Estonia wants to become a 'country as a service'
by PeterisP on Monday May 02, 2016 @08:50PM
(#11617023)
VAT administration tends to require transaction data.
For sales tax based systems, total aggregate turnover is enough; but to monitor VAT you'd need at least the aggregate volume grouped by all your B2B (VAT paying) customers and suppliers.
For sales tax based systems, total aggregate turnover is enough; but to monitor VAT you'd need at least the aggregate volume grouped by all your B2B (VAT paying) customers and suppliers.