E-invoicing
Continuous Transaction Controls (CTC)
Continuous Transaction Controls (CTC) describe systems where invoice data is reported to (and sometimes cleared by) the tax authority at the moment of issuance, rather than in a periodic return. Italy's SDI clearance model is a well-known example.
The EU is moving toward CTC-style digital reporting under ViDA. Eurobillr's structured e-invoicing produces the data these systems require.
Related terms
Put it into practice
Eurobillr handles compliant invoicing, VAT and PEPPOL e-invoicing for European freelancers and SMEs.
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