Doing the Books Once
Real-time VAT verification, built with the Belastingdienst, so each payment can be checked as it happens instead of in a periodic return.
Claire Arens
Innovation & Strategy, Netherlands Tax Administration
Challenge
The Netherlands Tax Administration saw how much time businesses and auditors lose when VAT is reported after the fact.
Solution
Plugs into existing accounting software, so every invoice can be recorded and processed in real time.
Impact
- Real timeVAT can be verified at the moment of payment
- One recordThat the business and the tax administration can both check
- Innovation AwardFrom the Dutch Ministry of Finance
Reporting After the Fact
The Netherlands Tax Administration saw how much time businesses and auditors lose when VAT is reported after the fact.
- High administrative burdens for businesses filing VAT returns
- Inefficient and time-consuming auditing processes
- Delayed tax adjustments causing financial uncertainty
- No real-time visibility into economic activity
The Vision
“Create a future where tax assessment and collection would be performed automatically and in real time, unburdening citizens and entrepreneurs while increasing overall compliance and trust in government.”
The mintBlue Solution
Tax Plugin
Plugs into existing accounting software, so every invoice can be recorded and processed in real time.
Tamper-Evident Audit Trail
Every transaction can be recorded in a tamper-evident audit trail that businesses and the tax administration can both check.
Digital Identities
Enables secure, verifiable transactions without compromising privacy or requiring a centralised authority.
Automatic VAT Settlement
VAT can be calculated and settled automatically, which cuts manual steps out of the process.
What It Delivers
“mintBlue turned our nightmare of invoice exchanges into a dream of automation. Now we strive to make taxation less of a headache for everyone involved.”
Claire Arens
Innovation & Strategy, Netherlands Tax Administration
Beyond VAT
The same building blocks fit other taxes and any report a business now files after the fact: each event can be recorded at the source and checked by the tax administration as it happens.
Make Compliance Checkable as It Happens
Talk to us about the checks your organisation would rather agree up front than reconcile afterwards.