- The APAC region is implementing e-Invoice systems to prevent tax evasion and non-compliance, with regulations being established in accordance with national standards for B2G and B2B transactions.
- Australia and New Zealand have adopted the PEPPOL standard for e-Invoicing, with Australia making it mandatory for all B2G transactions following PEPPOL standards from July 1, 2022, and gradually mandating the use of e-Invoicing in businesses of all sizes.
- In Vietnam, electronic invoices became obligatory for both public and private sectors from July 1, 2022, with taxpayers required to register on the e-Invoice portal and issue invoices in XML format with a digital signature.
- In the Philippines, issuance of electronic receipts and invoices has been effective since 2022 as a pilot program.
Source SNI
Latest Posts in "Australia"
- Understanding GST Exemptions, GST-Free, and Input Taxed Status for Australian Businesses
- GST Pricing Rules in Australia: When, Where, and How to Display GST-Inclusive Prices
- ATO Clarifies GST Rules for Power Industry: BPPAs, Gifted Assets, and Agency Arrangements
- Final GST Rules Clarified for Sunscreen Products: Ensure Correct GST Application When Selling
- Australia Enacts Treasury Laws Amendment 2025: New GST Reverse Charge Deduction Rules Effective July 2024
