Behind the latest tax digitization wave

Chartered accountants and notaries are better prepared for the future digitization wave by the tax authorities. Electronic invoices and computerized accounting will be generalized in 2024. Other professions, especially judicial ones, such as lawyers, are lagging behind in terms of digitization. The 2023 Draft Budget Bill will however change the tax regime for lawyers: 10% for companies and 5% for individuals. The goal among others is to increase tax revenues, but not only that. The tax authorities identified 186,231 new taxpayers in 2021...