France gets rid of the hybrid Y-Model, replacing it with 5-Corner model

Legislative Changes: On 19 September 2024, El Salvador’s Legislative Assembly enacted Decree No. 94 of 2024, introducing new obligations regarding recipient data on invoices.
Mandatory Conditions: Recipient information is mandatory when the transaction amount is USD 25,000 or more, when the customer requests an invoice for documentation, or when the invoice is needed for deductible expenses.
Required Information: In such cases, suppliers must include the recipient’s name, business name, and identification number, which can include various forms of ID such as Tax ID or passport numbers.
Obligations for Legal Entities: For invoices issued to legal entities, the company name must be included regardless of the transaction amount.
Penalties for Non-Compliance: Suppliers who fail to provide the required recipient information may face fines of 30% of the transaction amount or a minimum fine of two monthly salaries in the commerce sector, effective from 27 September 2024.

Source Pagero

E-invoicing