Europe is moving towards invoice-level electronic VAT reporting. Thiemo Fetzer argues that, with AI-assisted processing of the information contained in electronic VAT invoices, the tax system can become not just a compliance and revenue-raising instrument, but a protected intelligence map of the economy

Welcome to the WCR weekly update. World Commerce Review is the global trade and finance platform, discussing all things political, regulatory, technological, financial and, most importantly, the future

The EU’s implementation of global anti-tax avoidance rules and the global minimum tax is widely regarded as a success. Madalena Barata da Rocha, Roel Dom, Pascal Saint-Amans and Bo Sangers consider the trilemma between tax sovereignty, revenue protection and investment neutrality that has emerged

The ECB wants central bank money to serve as the monetary anchor for tokenised markets. Piero Cipollone calls for common standards, central bank money and coordinated regulation to prevent blockchain-based finance from becoming a collection of disconnected platforms

Welcome to the WCR weekly update. World Commerce Review is the global trade and finance platform, discussing all things political, regulatory, technological, financial and, most importantly, the future

Are American tech billionaires adversaries or role models for Europe? Rebecca Christie writes that the EU should ask what it wants from globally influential tech magnates, not just how to curb them