Draft Act On The Online Data Provision Obligations Of Invoicing Programs

The draft act on the modification of Decree No. 23/2014 (VI.30) NGM on the Tax Identification of Invoices and Receipts and on the Supervision by the Tax Authority of Electronically Stored Invoices has been published. The draft contains provisions regarding the online data supply requirements of invoicing programs.

According to the draft act, from 01.07.2018 the invoicing programs shall be capable to supply data electronically towards NAV on the data of the issued invoices (including also the data of cancellation and correcting (modification) invoices). The program shall be able to perform the online data supply at least in respect of the compulsory minimum data content of invoices as specified in VAT Act, in xsd data structure in compliance with the new schedule of the decree. The invoicing program shall forward the data of invoices to NAV immediately, but maximum within 24 hours, following the invoice issue date, i.e. following the finalizing or closing the invoice