- Invoicing company Tungsten Network said it had completed final testing with the Italian tax authority to become a fully-registered intermediary for B2B e-invoicing in the country.

Italy had in March announced that all its businesses would have to send invoices and associated documents electronically via the tax regulator -- Sistema di Interscambio -- from 1 January 2019.

Tungsten Network said its customers could would be able to use its platform to send and receive the invoicing documents.

'We anticipate that other countries will follow Italy's lead, and we will continue to work with global tax authorities to stay ahead of statutory changes as they inevitably occur,' chief executive Richard Hurwitz said.

At 9:54am: [LON:TUNG] Tungsten Corporation share price was -0.05p at 37.75p

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