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Law & compliance

Clearance model

In the clearance model an invoice must pass the tax administration before reaching the recipient — the state inspects and acknowledges each document individually. Italy works this way, Germany does not.

Also:
Clearance · kontinuierliche Transaktionskontrolle · CTC
Reviewed on 2026-08-26.

There is no long-form article for this term yet. The definition above is the complete entry; the related terms lead onwards.