Austria has established a structured approach to electronic invoicing (e-invoicing), particularly in transactions involving public administrations. Since 2014, following the enactment of the IKT Konsolidierungsgesetz...
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OIOUBL 3.0 Final Release Postponed to October 2025
Postponement of OIOUBL 3.0 Release: The Danish Business Authority has delayed the final release of the OIOUBL 3.0 invoice package from the initially planned date of April 10, 2025, to October 2025 due to the need for...
The main reference databases on VAT/GST/Sales & Use Tax
Latest update: April 4, 2025 GEOGRAPHIC Worldwide EY Worldwide VAT, GST and Sales Tax Guide 2025 EY Worldwide VAT, GST and Sales Tax Guide 2024 EY Worldwide VAT, GST and Sales Tax Guide 2023 EY Worldwide VAT, GST and...
Denmark Extends Digital Bookkeeping Requirements and Delays OIOUBL 3 Release
Expansion of Digital Bookkeeping Mandate: In March 2025, Denmark’s Business Authority issued new executive orders that extend the digital bookkeeping obligation to more entities, including sole proprietorships...
Danish Business Authority Delays OIOUBL 3.0 E-Invoicing Release to October 2025
Danish Business Authority delays OIOUBL 3 e-invoicing release to October 2025 New release was initially scheduled for 10 April 2025 Announcement made on 27 March 2025 Delay due to requests for further analysis Source:...
New Launch Timetable for Veri*factu Announced: Businesses by Jan 2026, All Others by July 2026
Council of Ministers announced new launch timetable for Verifactu Businesses subject to corporate income tax start on 1 Jan 2026 All other taxpayers start on 1 July 2026 Source: vatcalc.com Note that this post was...
Spain Delays VeriFactu Billing System Implementation to 2026, Exempts SII Self-Billing Companies
The Spanish Council of Ministers approved a Royal Decree delaying the VeriFactu billing system to January 1, 2026. The deadline for POS software providers remains July 29, 2025. Companies using the Immediate Supply of...
Portugal Extends B2G e-Invoicing Deadline for SMEs to December 31, 2025
Portugal has delayed the mandatory B2G electronic invoicing for small, medium, and microenterprises The new compliance deadline is December 31, 2025 Businesses can use alternative invoicing methods until the new...
Chile Mandates Printed E-Invoices and Receipts for Customers Starting May 2025
Chile’s SII issued Resolution No. 12 requiring printed e-invoices and e-receipts for customers starting May 1st, 2025 Applies to transactions via cash, bank transfers, debit, or credit cards Businesses must...
Denmark’s 2025 E-Invoicing System: NemHandel Platform and Digital Bookkeeping Compliance Overview
Denmark mandates B2G e-invoices via NemHandel platform using OIOUBL standard Compliance with European standard EN-16931 required since April 2019 Danish Bookkeeping Act requires Digital Bookkeeping Systems for e...
Saudi Arabia Announces Criteria for 22nd Wave of VAT E-Invoicing Integration
Saudi Arabia announced criteria for the twenty-second wave of VAT e-invoicing integration. The integration is part of the electronic invoicing mandate. The wave starts by December 31, 2024. Applies to taxpayers with VAT...
India’s GST Council Reduces E-Invoicing Reporting Threshold to 30 Days for Businesses Over ₹10 Lakh
India’s GST Council is reducing the reporting time for e-invoicing New rule applies from 1 April 2025 Businesses with turnover above ₹10 per annum must comply Invoices must be submitted within 30 days of issuance...
Spain to Enforce Mandatory B2B E-Invoicing by Late 2026: Key Rules and Preparation Steps
Spain will mandate B2B electronic invoicing by the second half of 2026. The Ley Crea y Crece Ordinance has been published for public consultation until April 7, 2025. The move aims to increase business transparency...
Denmark Postpones OIOUBL 3 E-Invoicing Format Release to October 2025
Denmark delays the release of the new e-invoicing format OIOUBL 3 to October 2025 The delay is due to several enquiries requiring further analysis The new version was announced in November last year It aligns with the...
AI-Driven E-Invoicing: Navigating Malaysia’s Compliance Mandate for Businesses by 2025
Malaysia is implementing mandatory e-invoicing rules. Larger businesses must comply by August 1, 2024. Full compliance for all businesses is required by July 1, 2025. Companies must use the MyInvois platform for tax...
Slovakia Implements Mandatory B2B E-Invoicing via Peppol for Enhanced Efficiency and Security
Slovakia is implementing mandatory B2B electronic invoicing through the Peppol network. The initiative aims to digitize and standardize invoice processing. Benefits include cost savings, improved security, and...
Singapore Mandates E-Invoicing and Real-Time Tax Reporting for Enhanced Compliance by 2025
Singapore is implementing mandatory e-invoicing and direct tax data reporting to enhance tax compliance. A phased rollout starts in May 2025, requiring businesses to update their accounting systems. Current GST...
Spain VERI*FACTU 2026 Certified E-Invoicing Update
2 April 2025: Council of Ministers have gazetted new launch timetable for Veri*factu:
1 Jan 2026: businesses subject to corporate income tax;
1 July 2026: all other taxpayers
Source: www.vatcalc.com
ViDA Proposals formally Adopted – Significant VAT Changes
After a consultation of the European Parliament, the VAT in the digital age package (or ViDA-package) was been formally adopted on 11 March 2025. Legislative texts where published, subsequently, on 25 March in the...
Ecommerce News April 2025
Quick-fire VAT and Ecommerce news from around the world to help you stay up-to-date with the market. ViDA Reforms Start Coming into Effect Poland’s Digital Services Tax E-Invoicing Delays and Updates German Intrastat...
EU ViDA Single VAT Registration July 2028 Update
The full EU VAT in the Digital Age (ViDA), which Single VAT Registration (SVR) is one of three pillars, enters into force from 14 April 2025. The SVT launch timetable is now: 2025: defining the (IT) impacts for the...
Malaysia’s E-Invoicing Mandate: AI Solutions for Compliance
The Malaysian Inland Revenue Board (IRBM) is implementing new rules that make e-invoicing mandatory in Malaysia, so businesses will need to adopt automated and AI-driven tools to ensure they’re following the...
Argentina Introduces New Invoicing Rules On SMEs
On April 1, 2025, Argentina expanded new invoicing rules to all businesses. From the start of this year, large businesses have been required to provide a breakdown of the amount of value-added tax and other indirect...
The Global Report on E-Invoices and Tax Compliance – Watch Out for the Tornado!
The market study titled “The Global Report on e-Invoicing and Tax Compliance – Attention Tornado!” provides an in-depth analysis of the current and future landscape of e-invoicing and digital commerce...
Worldwide updates on E-Invoicing/Real Time Reporting/SAF-T in March 2025
AFRICA Angola’s E-Invoicing Mandate: A Phased Approach Angola’s Ministry of Finance is drafting a law to mandate invoicing through certified software that submits real-time data to the General Tax Administration (AGT)...
Announcement of postponement of OIOUBL 3.0 final release date
Release Postponed: The final release of the OIOUBL 3.0 invoice package, originally scheduled for April 10, 2025, has been postponed to October 2025 due to ongoing inquiries and the need for further analysis. Reason for...
ViDA legislation officially published in the EU Official Journal
Official Publication and Key Pillars: On March 25, 2025, the EU published the VAT in the Digital Age (ViDA) legislative package, marking a significant overhaul of VAT compliance. ViDA focuses on three key pillars:...
ViDA is Here: What It Means for Businesses and How to Prepare
Overview of ViDA: Adopted on March 11, 2025, ViDA aims to modernize VAT compliance across the EU with real-time digital reporting, expanded e-invoicing, new VAT rules for online platforms, and a single VAT registration...