Follow the latest updates on E-Invoicing and Real Time Reporting on www.vatupdate.com and the LinkedIn pages on E-Invoicing/Real Time Reporting and ViDA.
Highlights of week 6/2024
- The Belgian Parliament approved the B2B E-Invoicing mandate on February 1, 2024. On Feb 7, 2024, ETCsuite & VATconsult provided a webinar on the the scope of the mandate.
- The Hungarian Tax Administration (NAV) is launching the eVAT platform, enabling automatic exchange of transactional data for VAT Returns. It offers real-time reporting, allowing taxpayers to access specific information for their returns via templates. The system cross-references uploaded files, halting submissions with discrepancies. The live environment, available by early 2024, offers a web interface for smaller invoice volumes and a machine-to-machine (M2M) connection for larger ones. Users need to grasp standard tax codes, meet M2M technical requirements, and understand system messages for successful submissions, as the system conducts tests during M2M data upload.
- The Malaysian Inland Revenue Board released the Software Development Kit (beta) to help taxpayers prepare for the mandatory MyInvois System. The kit includes documentation of APIs for integrating taxpayer ERP systems with MyInvois System. Additionally, updated guidelines were published to provide clarifications for the upcoming e-invoicing mandate.
- Poland: New KSeF obligation date to be announced by the end of Q2 2024. The Polish national e-invoicing system (KSeF) implementation faces delays, with consultations scheduled by the Ministry of Finance on February 9, 2024. Responses to system inquiries will accompany this schedule, with an anticipated announcement of a new implementation date in April or May. Training will be provided to affected entities, covering practical usage and free software utilization, complemented by hotline support. Emphasizing the system’s role in combating VAT fraud, the Ministry advises taxpayers to await the revised introduction date.
BELGIUM
- Adoption of Bill Mandating E-Invoicing for B2B Transactions in Belgium
- Belgian Chamber of Representatives Approves Mandatory Electronic Invoicing
- Belgian Chamber of Representatives Approves Mandatory Electronic Invoicing for Business-to-Business Transactions
- Belgium Approves Mandatory B2B e-Invoicing
- Belgium Approves Mandatory B2B E-Invoicing, Effective January 2026
- Belgium: Parliament approves new law project to introduce e-invoicing mandate from 1 January 2026
- Belgium’s mandatory e-invoicing to apply from 1 January 2026
- Roadmap to VAT Compliance: e-Invoicing in Belgium Webinar Recap
- RTC Expands: Trusted e-Invoicing Service Provider in Belgium
- Update: Chamber approves mandatory B2B e-invoicing, effective from 1/1/2026
BOLIVIA
CABO VERDE
COLOMBIA
- Colombia officially postpones mandatory issuance of new electronic document types
- Tax Authority Extends Deadline to Implement Electronic Invoicing Technical Annexes, Electronic Equivalent Documents
- The DIAN has published a N°8 Resolution to fully regulate the Electronic Invoicing System
ESTONIA
FRANCE
- France’s e-invoicing reform : delayed but not dead!
- Updates on French VAT Reform, Official Guidelines on Bundled Supplies, and Changes in Art Market VAT
GERMANY
HUNGARY
INDIA
- Explore the Enhanced GST e-Invoice System: Quick Actions, Resources, and Services at Your Fingertips
- Withdrawal of Block on E-Way Bills Generation without e-Invoice or IRN in India
KAZAKHSTAN
LATVIA
LITHUANIA
MALAYSIA
- E-invoicing system pilot announced by Malaysian authorities
- Malaysia e-invoicing Aug 2024; pilot update
- Malaysia to Begin Pilot Phase of CTC Clearance Model in May 2024
- Malaysia’s Income and Indirect Tax Developments: February 2024 Update on E-Invoicing and More
- Mandatory CTC Electronic Invoicing model in Malaysia as of August, 2024
- Pilot Phase starting in May 2024
- Release of Software Development Kit for MyInvois System (API)
MAURITIUS
- Mauritius Implements Mandatory E-Invoicing for Businesses in 2024
- Mauritius Tax Agency Launches Phase II of VAT E-Invoicing Portal for Economic Operators
PAKISTAN
- Clarification on Digital Invoicing for Registered Persons by Government of Pakistan
- Pakistan issues guidance on electronic transmission of sales tax invoices
- Pakistan Taxpayers Must Request Extensions for Electronic Invoices Until Software Providers are Approved
PANAMA
PARAGUAY
- Implementation of New Electronic Invoicing System in Paraguay: Decree No. 872
- Paraguay Extends Mandatory Electronic Invoicing Deadline for New Taxpayers until 2025
- Paraguay Tax Agency Extends Deadline for Mandatory Electronic Invoicing
- Tax Authority Extends Deadline for Mandatory E-invoicing
POLAND
- Consultations on the Implementation of KSeF to Begin Soon
- Discussions on Implementation of Polish e-Invoicing System (KSeF) to Begin Soon
- Does preparing a correction of JPK_V7M extend the VAT refund deadline?
- Ideas for amendments to the KSeF regulations
- Ministry of Finance shares new information about KSeF with businesses
- New KSeF obligation date to be announced by the end of Q2 2024
- Poland Initiates Consultation on KSeF System Following E-Invoicing Delay
- Poland to Reveal New KSeF Mandate Start Date in April-May 2024
- Polish Government Starts a Consultation After Postponement in e-Invoice Regulation
- Postponement of Mandatory KSeF Implementation Must Be Utilized Effectively
SAUDI ARABIA
SINGAPORE
SLOVAKIA
TURKEY
UNITED STATES
- Webinar – Slide deck/Recorded session – B2B Digital Highway for the U.S. & the North American market
URUGUAY
WORLD
- B2B e-Invoicing and Benefits of a Streamlined Invoicing Process
- eInvoicing & eReporting: Insights and Imperatives
- Tax Master Data Management: 5 Reasons It Should be Your Priority in 2024
See also
- Worldwide Upcoming E-Invoicing mandates, implementations and changes – Chronological
- Join the Linkedin Group on Global E-Invoicing/E-Reporting/SAF-T Developments, click HERE
- Join the LinkedIn Group on ”VAT in the Digital Age” (VIDA), click HERE
