Support multiple tax registration numbers in Tax reporting

Important

Some of the functionality described in this release plan has not been released. Delivery timelines may change and projected functionality may not be released (see Microsoft policy). Learn more: What's new and planned

Enabled for	Public preview	General availability
Users by admins, makers, or analysts	Sep 2024	-

Business value

A multinational corporation operating across geographic locations can configure one legal entity in Dynamics 365 Finance with addresses and related tax registration numbers in different countries and report some tax regulatory reports (VAT Declaration, EU Sales List, Intrastat) directly from this legal entity based on tax transactions posted per specific tax registration number.

Feature details

In a legal entity with the Support multiple VAT registration numbers feature enabled, you can generate VAT Declaration, EU Sales List, and Intrastat reports. A list of supported countries and tax regulatory reports is available by the link: https://learn.microsoft.com/en-us/dynamics365/finance/localizations/global/emea-reporting-for-multiple-vat-registration.

For 2024 release wave 1, we plan to extend the list of supported countries and tax regulatory reports. We plan to release a quarterly VAT communication electronic file for Italy with support for multiple VAT registration numbers, and VAT declaration for Lithuania with support of multiple VAT registration numbers.