Sweden | Tungsten Network https://www.tungsten-network.com The journey to world-class starts here. Tue, 02 Aug 2022 14:08:54 +0000 en-GB hourly 1 https://wordpress.org/?v=5.9.3 Exploring options for digitalising VAT https://www.tungsten-network.com/compliance-overview/country-updates/country/sweden/exploring-options-for-digitalising-vat/ https://www.tungsten-network.com/compliance-overview/country-updates/country/sweden/exploring-options-for-digitalising-vat/#respond Wed, 23 Mar 2022 12:45:08 +0000 https://www.tungsten-network.com/compliance-overview/country-updates/country/%country%/exploring-options-for-digitalising-vat/ The Swedish Tax Agency is reviewing its VAT-related processes with a means of digitising these, for the creation of a more automated, streamlined and effective process. It is expected that relevant stakeholders in the country will convene to discuss the issue in the next few months. Specific areas which are being considered are: • VAT […]

The post Exploring options for digitalising VAT first appeared on Tungsten Network.]]> The Swedish Tax Agency is reviewing its VAT-related processes with a means of digitising these, for the creation of a more automated, streamlined and effective process. It is expected that relevant stakeholders in the country will convene to discuss the issue in the next few months. Specific areas which are being considered are:

• VAT listings
• SAF-T
• Continuous Transaction Controls (CTC)- Governments introduce CTCs to more effectively counter tax fraud and increase revenue. As part of introducing CTCs in their mandates, governments often require invoice data to be sent to tax authorities in real-time or require invoices to be cleared by the government before they are paid;
• Real-time invoice reporting
• Mandatory invoicing

Tungsten Network is interested in developments relating to e-invoicing in Sweden. We are monitoring these developments and will keep you updated.

The post Exploring options for digitalising VAT first appeared on Tungsten Network.]]> https://www.tungsten-network.com/compliance-overview/country-updates/country/sweden/exploring-options-for-digitalising-vat/feed/ 0 Sweden implements EU VAT Directive 55 https://www.tungsten-network.com/compliance-overview/country-updates/country/sweden/sweden-implements-eu-vat-directive-55/ Mon, 01 Jan 2018 00:00:00 +0000 https://www.tungsten-network.com/compliance-overview/country-updates/country/%country%/sweden-implements-eu-vat-directive-55/ The European Union (EU) VAT Directive 55 obliges all EU public authorities to receive invoices electronically, or at least to have a defined for how they will do so, by 27 November 2018.

The post Sweden implements EU VAT Directive 55 first appeared on Tungsten Network.]]> The European Union (EU) VAT Directive 55 obliges all EU public authorities to receive invoices electronically, or at least to have a defined for how they will do so, by 27 November 2018.

The post Sweden implements EU VAT Directive 55 first appeared on Tungsten Network.]]> Sweden implements EU VAT Directive 55 https://www.tungsten-network.com/compliance-overview/country-updates/country/sweden/sweden-implements-eu-vat-directive-55-2/ https://www.tungsten-network.com/compliance-overview/country-updates/country/sweden/sweden-implements-eu-vat-directive-55-2/#respond Mon, 01 Jan 2018 00:00:00 +0000 https://www.tungsten-network.com/compliance-overview/country-updates/country/%country%/sweden-implements-eu-vat-directive-55-2/ The European Union (EU) VAT Directive 55 obliges all EU public authorities to receive invoices electronically, or at least to have a defined for how they will do so, by 27 November 2018.

The post Sweden implements EU VAT Directive 55 first appeared on Tungsten Network.]]> The European Union (EU) VAT Directive 55 obliges all EU public authorities to receive invoices electronically, or at least to have a defined for how they will do so, by 27 November 2018.

The post Sweden implements EU VAT Directive 55 first appeared on Tungsten Network.]]> https://www.tungsten-network.com/compliance-overview/country-updates/country/sweden/sweden-implements-eu-vat-directive-55-2/feed/ 0