Tag: CTR


  • Digital Continuous Transactional Reporting for VAT: OECD Policy Insights

    Digital Continuous Transactional Reporting for VAT: OECD Policy Insights

    Overview: Why Digital Continuous Transactional Reporting for VAT matters The OECD report on Digital Continuous Transactional Reporting (CTR) for Value-Added Tax (VAT) highlights a transformative approach to tax administration. By mandating real-time or near-real-time reporting of every taxable transaction, governments can improve VAT collection, minimize fraud, and strengthen fiscal resilience. This shift aligns with broader…