VATupdate

Congress Weighs Cash Rounding Rules Amid Penny Shortages

The Senate is set to pass the Common Cents Act, with the House expected to largely follow, creating federal rules for retailers to round cash purchases up or down due to the penny shortage. The law is meant to standardize rounding in cash...

Recent news per region: AFRICA , AMERICAS , ASIA-PACIFIC , EUROPE , and MIDDLE EAST

Latest news

VATupdate Newsletter Week 36 2026

CARS Earlier today, I attended an event where we talked about e-invoicing. At some point, someone made a remark that choosing the right e-invoicing partner or technology is a bit like buying a new car. And I thought:...

Latest news

Advertisements:

  • advert
  • RTC
  • Zampa
  • iopole

Sponsors:

VAT IT