The European Commission has published a study on invoicing rules contained in the VAT Directive. The study was carried out for the Commission by PricewaterhouseCoopers.

The study looked at the four principal areas of invoicing – the requirement to issue an invoice, the content of an invoice, electronic invoicing and the storage of invoices-with a view to

– mapping the existing legislation in all Member States,

– analysing burdens on business and Member States’ control needs, and

– providing recommendations for a more harmonised and modern set of VAT invoicing rules.

Further information on the study is available at http://ec.europa.eu/taxation_customs/taxation/vat/traders/invoicing_rules/index_en.htm#existingleg.