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Sweden is evaluating options for digitalizing VAT-related processes

11 February 2022
Sweden

With the background against the VAT in the Digital Age initiative by the European Commission, the Swedish Tax Agency (Skatteverket) has initiated a study of how digitalizing VAT processes can bring benefits to both tax authorities and businesses; for example, reducing VAT fraud and minimizing the administrative burden for companies.   Current status   Skatteverket is currently reviewing strategies regarding quality assurance, reporting and its role in a countrywide digitalization. Generally driven by the need to stop the tax evasion gap, boosting digitalization is the most important driver to adopt an e-invoicing/e-reporting mechanism for Sweden.   During the spring of...