Continuous Transaction Controls (CTC) refer to a system that enables tax authorities to gain faster and more detailed visibility into the financial activities of companies. In simple terms, when a transaction occurs, the relevant data is transmitted to the tax authority in near real time.

This allows tax authorities to assess tax liabilities immediately, rather than relying on delayed reporting based on VAT returns, tax declarations, and supporting documents. As a result, tax calculations become more accurate and timely, while reducing the risk of tax losses.

In essence, CTC functions as a continuous monitoring mechanism that helps ensure tax compliance.

This approach is enabled by electronic invoicing, which allows invoice and tax data relevant to authorities to be transmitted quickly and reliably. In the future, this is also expected to play a key role in Germany.

« Zurück zur Übersicht