Council of the European Union 13 July 2010, Council Directive 2010/45/EU of 13 July 2010 amending Directive 2006/112/EC on the common system of value added tax as regards the rules on invoicing

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Council Directive 2010/45/EU amends Directive 2006/112/EC to simplify, modernize, and harmonize value added tax (VAT) invoicing rules, particularly regarding electronic invoicing and cross-border supplies. Key provisions establish the equal treatment of paper and electronic invoices, define harmonized time limits for invoice issuance, and introduce optional cash accounting schemes for small and medium-sized enterprises. The Directive further clarifies jurisdictional rules for invoicing requirements and mandates that Member States implement these measures by 1 January 2013.AI