The article examines the OECD’s Digital Continuous Transactional Reporting (DCTR) framework, highlighting its role as a strategic blueprint for Tax Administration 3.0. It discusses the shift from manual reporting to real‑time digital compliance, the two primary DCTR models, interoperability challenges, SME protection measures, and the importance of data minimization for trust and security.
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Marosa · about 21 hours ago
The EU and several member states have announced new VAT and e-invoicing rules for 2026. Key changes include temporary UK VAT rates, Latvia’s reduced food rate, and Slovakia’s e-invoicing mandate start date.
Innovate Tax · 3 days ago
EU will impose a temporary €3 customs duty per item on low-value consignments from 1 July 2026. Poland ended its fuel VAT cut on 30 June 2026. Nigeria's second wave of e-invoicing becomes mandatory from 1 July 2026.
Innovate Tax · 5 days ago
The article summarises recent VAT and customs duty changes across the EU, UK, Poland, Austria, Spain, Denmark, Nigeria, Gibraltar, Argentina and Ireland.
VatIT · 5 days ago
EU: The ViDA package, now EU law, introduces mandatory e-invoicing, platform VAT collection and a single VAT registration system effective from 14 April 2025. Key deadlines include 1 July 2030 for mandatory B2B e-invoicing, 1 January 2030 for platform VAT collection, and 1 July 2028 for OSS extension.
1stopVAT · 8 days ago
EU Commission has issued technical guidelines on how the new EUR 3 customs duty for low-value goods will be calculated, effective from 1 July 2026. The guidelines clarify that the duty is levied at customs clearance and is excluded from the taxable amount for IOSS-registered vendors, while it is included in the VAT base for standard import procedures and special arrangements.
Customs Support Group · 9 days ago
EU steel import safeguard changes effective 1 July 2026, halving duty-free quotas to 18.3 million tonnes and doubling out-of-quota tariff to 50%. Importers must also meet new melt-and-pour origin documentation and monitor tighter quotas across 30 product categories.
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Key Takeaways
The article outlines a High Intervention (Clearance/Invoice Model) and an Organic Flow (Reporting/Data Subset Model) as the two primary DCTR approaches.
The Five‑Corner Model involves the Seller, Buyer, two Service Providers, and the Tax Authority to enable interoperable, ‘Connect Once, Comply Everywhere’ real‑time reporting.
Suggested measures include free government portals, limited data requirements that use standard accounting fields, and gradual, tiered phasing based on turnover thresholds.
The principle of Data Minimization is highlighted, collecting only what is strictly necessary to verify tax liability to reduce cyber‑attack risk and build trust.
DCTR is positioned as a catalyst for digital transformation, improving economic forecasting, speeding VAT refunds, and reducing the shadow economy.
Primary source
Read the full article at RTC SuiteThis summary was published on VATfaqs.com on 19 January 2026. It relates to VAT developments in European Union. The original source is RTC Suite.
