Definition and Examples
- Definition
- "In the European Union (and possibly in other areas of the world) it is required that an invoice contain the words, ""This is a Tax Invoice"" or ""This is not a Tax Invoice"".
It would be possible for the law firm to submit an invoice containing all line items details and designated ""This is a Tax Invoice"" in this field, and for the receiving system to display a view of the invoice to the Client and Law Firm that satisfies the requirements for the Tax Invoice required by law in many countries. In this situation, the law firm may not need to send a separate tax invoice to the Client.
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