Check it out.
The IMF is floating the idea that everyone who should be paying VAT actually pays it & some of the revenues are to be refunded to "lower-income households in real-time".
Is this the beginning of a UBI?
Designing a Progressive VAT (imf.org)
If only there were a company out there with some kind of AI technology that could track & submit VAT refunds automatically in real-time.
w2v – AI Solution (way2vat.com)
Some European countries are already working on electronic invoicing.
eInvoicing (europa.eu)
Revised draft e-invoicing regulation brings Spanish tax authority’s ‘dream’ closer | International Tax Review
W2V operates in Spain through DevoluIVA.
Devolutive – devolutive (devoluiva.com)
Fishy’s 40 bagger, page-153
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