Turkey’s Revenue Administration released updates to the e-Invoice Package and UBL-TR Guide on April 28, 2025 Updates aim to enhance standardization and regulatory compliance New requirements effective from May 2...
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South Africa’s Budget 3.0: Mandatory E-Invoicing and VAT Reform by 2028 for Businesses
South Africa’s Budget 3.0 focuses on fiscal strengthening without increasing VAT rates. The proposed 1 percent VAT hike was canceled, creating a revenue gap. SARS plans to implement mandatory e-invoicing and real...
2 weeks ago
ViDA and the E-Invoicing Revolution: Why Europe’s VAT Reform Is Bigger Than You Think
The VAT in the Digital Age (ViDA) initiative, adopted in March 2025, aims to revolutionize VAT reporting and compliance across the EU by mandating e-invoicing for intra-EU B2B transactions, implementing Digital...
2 weeks ago
E-Invoicing in 2025: A New Global Infrastructure for Compliance
E-invoicing has transitioned from a technical project to a strategic necessity for businesses and governments, with a growing emphasis on compliance due to global mandates for real-time data reporting and automated tax...
2 weeks ago
ViDA – When to issue (E-)Invoices and Summary (E-)Invoices?
With the implementation of VAT in the Digital Age (ViDA) per July 1, 2030, the timelines to issue invoices are reset. This is included in the new version of articles 222 and 223 in the EU VAT Directive 2006/112/EC...
2 weeks ago
Chartered Accountants Ireland’s Recommendations for UK E-Invoicing Policy
Chartered Accountants Ireland (CAI) supports the promotion of electronic invoicing (e-invoicing) in the UK but emphasizes the need for a gradual, well-planned approach, recommending a voluntary adoption phase...
2 weeks ago
CIOT and ICAEW Respond to UK Government’s Electronic Invoicing Consultation
ICAEW has recommended that the UK prioritize voluntary adoption of electronic invoicing (e-invoicing) and delay any mandatory implementation until at least January 1, 2030, in response to the government’s...
2 weeks ago
Oman Tax Authority and Omantel Partner to Launch Advanced E-Invoicing System for Digital Transformation
The Tax Authority of Oman has signed an agreement with Oman Telecommunications Company (Omantel) to implement an advanced e-invoicing system, marking a significant step in the country’s digital tax transformation...
2 weeks ago
Luxembourg VAT: A 2025 Guide to Digital Compliance and E-Invoicing
Complex VAT Landscape: Luxembourg’s VAT compliance is becoming more intricate and digitalized, particularly as the country adapts to EU tax reforms like the VAT in the Digital Age (ViDA) initiative, necessitating...
2 weeks ago
How GenAI is reshaping the future of tax talent
Recruitment and Talent Diversification: In response to a global tax talent shortage, tax leaders are broadening recruitment criteria to include candidates without traditional degrees, focusing on essential hard and soft...
2 weeks ago
UK Tax Experts Advise Gov’t On Promoting E-Invoicing Uptake
The Chartered Institute of Taxation in the UK has issued recommendations to the Government on achieving its aims of encouraging adoption of electronic invoicing.
Source: www.vitallaw.com
2 weeks ago
Why Technical Support is Important for Peppol Integrations
Importance of Technical Support: Effective technical support is crucial for successfully integrating with Peppol, ensuring secure, efficient connections that comply with evolving global regulations. It helps businesses...
2 weeks ago
ViDA Compliance Guide: How to Prepare for the Initiative
ViDA Overview: The EU’s VAT in the Digital Age (ViDA) initiative aims to modernize VAT administration through three key components: introducing digital reporting requirements, extending VAT to the platform...
2 weeks ago
Briefing document: Chile E-Invoicing and Electronic Receipts Regulations
1. Overview and Mandate: Chile has a well-established and mandatory e-invoicing system. It was a pioneer in the region, introducing voluntary e-invoicing in 2001. The system has progressively become mandatory...
2 weeks ago
How does E-Invoicing work in Chile
Updated May 19, 2025 Mandatory Printed Electronic Receipts: The Chilean Internal Revenue Service (SII) has issued Resolution No. 12, requiring businesses to provide printed electronic receipts or payment vouchers for...
2 weeks ago
Briefing Paper: B2B e-Invoicing in the United Arab Emirates (UAE)
This document/podcast provides a detailed overview of the key themes, ideas, and facts related to the planned implementation of B2B e-invoicing in the United Arab Emirates (UAE), as described in the resources provided...
2 weeks ago
Implementation of Alphanumeric CNPJ in Brazilian Electronic Fiscal Documents
Introduction of Alphanumeric CNPJ: The Brazilian Federal Revenue has introduced a new alphanumeric format for CNPJ to expand the capacity for company registrations, affecting electronic fiscal document systems...
2 weeks ago
Brazil’s Technical Note 2025.002: Preparing for the 2026 VAT Implementation
In April 2025, Brazil’s Federal Revenue Service (Receita Federal) released version 1.01 of Technical Note 2025.002, detailing significant updates to the country’s electronic invoicing systems—Nota Fiscal...
2 weeks ago
EU Parliament Urges Increased AI Use to Combat VAT Fraud and Protect EU Budget
EU Parliament advocates for increased use of AI to combat VAT fraud Emphasis on machine learning and predictive AI to tackle the issue Global trend of governments using AI for VAT fraud prevention Call for the EU to...
2 weeks ago
Mastering Invoicing in Luxembourg 2025: Legal, Financial, and Compliance Essentials
Invoicing in Luxembourg is essential for legal and financial compliance. Businesses must understand both paper and electronic invoicing, especially for public sector transactions. A legal invoice confirms a transaction...
2 weeks ago
E-Invoicing & E-Reporting developments in the news in week 20/2025
New LinkedIn Group: Global E-Invoicing & Real Time Reporting developments Follow the latest updates on E-Invoicing and Real Time Reporting on www.vatupdate.com and the LinkedIn pages on E-Invoicing/Real Time...
2 weeks ago
E-Invoicing in Azerbaijan: A 2025 Overview
Azerbaijan has established a comprehensive electronic invoicing (e-invoicing) system, mandating its use for various business transactions. This initiative aims to modernize tax administration, enhance transparency, and...
2 weeks ago
Current status of E-Invoicing in Africa
Implemented Angola Angola is the only country outside Europe to have adopted the SAF-T requirements for electronic data transmission relating to VAT reporting and accounting elements. Since 2019, the Adminitraçao Geral...
2 weeks ago
Eswatini’s E-Invoicing Initiative: Advancing Tax Compliance and Digital Transformation by January 2028
Eswatini is actively moving towards implementing a comprehensive e-invoicing and fiscalisation regime, targeting a live date of January 2028. The Eswatini Revenue Service (ERS) is leading this initiative and has issued...
2 weeks ago
Egypt’s E-Invoicing Revolution: Transforming Tax Compliance and Business Operations
Egypt is transforming its tax system with e-invoicing and e-reporting initiatives led by the Egyptian Tax Authority. The e-invoicing system mandates VAT-registered businesses to issue and transmit invoices...
2 weeks ago
UK E-Invoicing Models: Centralized vs. Decentralized Approaches as Consultation Ends
E-invoicing compliance requirements are increasing globally, challenging tax, finance, and IT groups. The UK has concluded its consultation on e-invoicing, with businesses awaiting a decision. Centralized e-invoicing...
2 weeks ago
ViDA: What U.S. Businesses Must Know to Stay Compliant
Overview of ViDA Reforms: The European Union’s “VAT in the Digital Age” (ViDA) initiative, approved in March 2025, aims to modernize the VAT system through mandatory e-invoicing, real-time digital...
2 weeks ago
Moldova To Introduce E-Invoicing Law
Moldova is introducing legislation to promote the use of electronic fiscal devices, including virtual cash registers and electronic receipts. The proposed measures aim to reduce compliance burdens for taxpayers and...
2 weeks ago
