The International Trend of Electronic Invoicing Reform:An Analysis Based on OECD Report Tax Administration 3.0 and Electronic Invoicing:Initial Findings
As the economy and society is becoming increasingly digitalized,electronic invoicing has become an international trend.This paper analyzes the international trend of electronic invoicing reform based on the results of the questionnaire survey of 71 jurisdictions around the world by the OECD and case studies in many countries.It's found that tax administrations of different countries have similar understanding of electronic invoicing.However,at present,many countries present a variety of choices in the design of e-invoice mode,technical solutions,legal guarantees,and promotion strategies.Based on the actual situation in China,the paper puts forward the following suggestions,including raising the awareness of taxpayers,stimulating the enthusiasm of market players in the application of electronic invoices,strengthening the capacity building of data security assurance,clarifying the responsibilities of all parties at the level of laws and regulations,attaching importance to the cross-border compatibility of electronic invoices,and contributing Chinese wisdom to global and regional compatible electronic invoice solutions.