FISCAL SOLUTIONS...
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Public Croatia Author: Kristina Dosen
According to the activity plan, the Fiscalization 2.0 project ends in December 2024, and its final product is an implemented system for cashless payment via eInvoice with an integrated e-archive and advanced online bookkeeping in the VAT system. More about the plans and goals of the Croatian Fiscalization 2.0. project are as follows.
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Fiscal subject related

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Content accuracy validation date: 10.02.2023
Content accuracy validation time: 08:07h

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As part of the Fiscalization 2.0 project, it is planned to:

  • establishment of a system for reporting non-cash receipts to the Tax Administration, namely receipts issued by state administration bodies today -- fiscalization of receipts issued in the B2G (Business to Government) segment
  • implementation of a cashless payment system via an electronic invoice (eInvoice) in the B2B (business-to-business) segment with an integrated e-archive and active, unique and advanced online bookkeeping in the VAT system;
  • the establishment of a free application for issuing eInvoices that will be made available to small taxpayers - for whom the costs of introduction would be disproportionate to the benefits they would receive from such a way of doing business.

The goal of the Fiscalization 2.0 Project is the establishment of a system for fiscalizing invoices issued in the economy (B2B) with the implementation of a cashless payment system via e-Invoice with an integrated e-Archive and active, unique, and advanced online bookkeeping in the VAT system in order to ensure a number of benefits for all stakeholders and business entities:

  • simplified tax returns,
  • reduction of the number of required forms (tax bookkeeping), accuracy of tax obligations, and, to a significant extent, their pre-fulfillment with data from the e-Invoice platform,
  • transparent business and the possibility of insight into payment terms and compliance with payment terms,
  • insight into the current business of an individual taxpayer,
  • current credit checks,
  • contribution to environmental protection by using a digital archive instead of a "paper" receipt archive,
  • by reducing the number of copies of invoices and archiving them through Internet intermediaries,
  • the possibility of sending attachments to the receipt and relieving the burden of paperwork,
  • improving interoperability among actors involved in the billing process,
  • the ability to track and link receipts and prevent tax fraud related to VAT refunds,
  • business entities receive support for more efficient and competitive operations in the national and global context.

 

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