- Several countries are actively developing or implementing e-invoicing and e-reporting regulations, including France, Saudi Arabia (Wave 25 integration by February 2027), and Oman (Phase one rollout in August 2026 for large businesses). South Africa is also proposing a digital VAT model with mandatory e-invoicing.
- Tax systems are undergoing reforms and adjustments globally, with Brazil relaxing validation for new CBS and IBS taxes, Switzerland proposing a temporary VAT increase for defense, and Germany planning to reform VAT grouping rules.
- Other significant tax changes include Italy extending the input VAT claim period, the UAE implementing new rules for businesses leaving a VAT group, and India postponing enhancements to its e-Way Bill and e-invoice systems.
Source Innovate Tax
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