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E-Invoicing & E-Reporting developments in the news in week 13 & 14/2024

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 13 & 14/2024

  • EU e-invoicing and e-reporting overview
    • The implementation of mandatory e-invoicing for B2B transactions is increasingly gaining relevance in different jurisdictions around the world, especially in Europe. For this reason, an overview of the current developments around e-invoicing and e-reporting obligations in the European Union and other European countries has been prepared. This overview is useful to both tax advisors and companies dealing with e-invoicing requirements and upcoming implementations across different jurisdictions.

  • France implemented Decree No. 2024-266: Electronic Invoicing and Transaction Data Transmission for VAT Taxpayers
    • Decree No. 2024-266 aims to implement electronic invoicing in transactions between VAT taxpayers and the transmission of transaction data.
    • The decree applies to VAT taxpayers, public entities, dematerialization platform operators, the Agency for Financial IT, and the Directorate General of Public Finance.
    • It amends Annex II to the General Tax Code and Decree No. 2022-1299 of October 7, 2022, related to electronic invoicing between VAT taxpayers.
    • The decree introduces a transitional regime for the registration of dematerialization platform operators, allowing registration before the testing environment of the public invoicing portal becomes available.
    • The decree adjusts the timeline and provisions regarding electronic invoicing and transmission of transaction data based on changes in relevant legislation and extends the use f electronic identification guarantee levels for partner dematerialization platform operators.
  • Germany – E-Invoicing Law published
    • On March 27, 2024, the Act to Strengthen Growth Opportunities, Investment and Innovation as well as Tax Simplification and Tax Fairness (Growth Opportunities Act) which includes the implementation of the B2B E-Invoicing Law has been published.
  • Norway – New Financial SAF-T schema (version 1.3)
    • The schemas for the Norwegian Financial SAF-T have been updated to version 1.30 and are accessible here. Effective January 2025, compliance with the new schema version will be mandatory. Until then, entities are permitted to continue using the previous version, 1.2.
  • Poland
    • KSeF Update: New Implementation Date Announcement Expected SoonNew date for implementation of national e-invoicing system (KSeF) in Poland will be announced in late April or early May. Four draft regulations to be presented at the end of April.
    • Consultations open for the draft amendment to the KSeF obligation:  The Polish government has released a draft amendment to the mandatory National e-invoicing system, with a public consultation open until April 19, 2024. The proposed changes include the postponement of the second stage of electronic handling of cases regarding binding rate information, excise information, information on origin, and tariff information. Additionally, the obligation to integrate cash registers with payment terminals may be eliminated. Interested parties are encouraged to submit comments and opinions to the MoF by the specified deadline.
  • Saudi Arabia announces 10th wave of Phase 2 e-invoicing integration
    • Saudi Arabia’s Zakat, Tax and Customs Authority has announced the criteria for taxpayers to be included in the 10th wave of Phase 2 e-invoicing integration.
    • Taxpayers resident in Saudi Arabia with a taxable turnover exceeding SAR25m during calendar year 2022 or 2023 should comply with the Phase 2 e-invoicing requirements that are effective from 1 October 2024.
  • Slovakia 
    • Draft 2024 National Reform Programme: Advancing Towards E-faktúra and Digital VAT Implementation

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