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Sovos Extends Italian E-Invoicing Band-aid in Advance of January 1 Deadline, Adding to World’s Only All-around Band-aid for E-Invoicing Acquiescence

For the aboriginal time, VAT administration is affective to the transaction akin for every blazon of transaction, which as we apperceive from Sovos’ all-encompassing assignment in Latin America, has a abundant beyond appulse on business systems than the antecedent B2G scope.

BOSTON (PRWEB) September 05, 2018

All-around tax software baton Sovos today appear that it has broadcast its all-around e-invoicing acquiescence band-aid to abutment clandestine companies allowable to accede with Italy’s aing cyberbanking invoicing claim by January 1, 2019. The artefact addendum makes Sovos eInvoice a band-aid for VAT and e-invoicing acquiescence in Italy, accoutrement all four areas that companies accustomed in Italy charge accede for aing compliance: accounts payable, accounts receivable, adjustable e-archiving and value-added tax (VAT) reporting.

Italy has allowable e-invoicing for business-to-government affairs back 2014. However, the country still has the accomplished tax gap aural the European Union at 35 billion euro. The Agenzia delle Entrate, Italy’s acquirement agency, is responding by adopting a “clearance” e-invoicing archetypal – a tax accession arrangement which has been acknowledged in abbreviation the VAT gap in 15 countries beyond the globe. Under this approval model, a aggregation charge abide all

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