The European Union’s Value Added Tax Committee, on 5 May 2025, released the non-public minutes of its 126th meeting from 21 March 2025. This session focused solely on implementing the VAT in the Digital Age (ViDA)...
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Releasing the new E-Archive Invoice Guide
The Turkish Revenue Administration has issued a new e-Archive Invoice Guide mandating technical and legal updates that businesses must implement by May 2, 2025. The guide introduces stricter requirements for invoice...
4 months ago
Master Germany’s E-Invoicing Compliance: Download Your Free Guide for Essential Insights and Best Practices
Overview of Germany’s e-invoicing regulations and compliance guidelines Key compliance deadlines and necessary business actions Practical insights on implementing e-invoicing solutions Strategies to stay ahead in...
4 months ago
Electronic Signature Requirements for Invoicing Systems Under Royal Decree 1070/2023
Electronic signature is not required for invoices but for billing records under the applicable regulation Systems and programs must meet specific requirements for billing records VERI*FACTU systems only need to...
4 months ago
Creation of a Unified Digital VAT Accounting Platform within the Eurasian Economic Union (EAEU)
The Eurasian Economic Union (EAEU) includes Kazakhstan, Russia, Belarus, Kyrgyzstan, and Armenia. EAEU has unified VAT principles for trade between member countries, but each country has its own administration and...
4 months ago
Exact Online Integrates E-Invoicing for All Users to Enhance Payment Efficiency by 2025
Exact Online has integrated e-invoicing into all versions starting January 2025 to streamline payment processes for businesses. Research indicates that late and unpaid invoices cause Dutch entrepreneurs to lose an...
4 months ago
Parliament Debates 1-Year Delay for B2B Peppol E-Invoicing Mandate to 2027
Parliament is considering a proposal to delay the B2B Peppol structured e-invoicing mandate The proposed delay is from January 2026 to January 2027 Opposition deputies submitted the proposal Concerns exist about...
4 months ago
Understanding Spain’s VeriFactu Obligations for Computerized Billing and Invoicing Systems
Computerized billing systems in Spain must comply with VeriFactu obligations. These systems include those used for invoice creation, data entry, storage, or processing. Cash registers meeting specific criteria are also...
4 months ago
RTC webinar: Recording & Key insights ”Mastering the Rules: Real-Time Compliance Insights
Webinar hosted by RTCsuite on April 30, 2025 Webinar Recording Presentation Deck Book a Demo This session explored upcoming 2025/2026 e-Invoicing mandates, the rise of real-time reporting, and the growing strategic role...
5 months ago
Nordea Bank Customers to Receive E-Invoice Proposals from Tax Administration in May 2025
Over 200,000 Nordea Bank customers will receive e-invoice proposals from the Tax Administration in May. E-invoice proposals suggest starting to pay bills as e-invoices for those with Nordea accounts. Targeted taxes...
5 months ago
May 12: Deadline for Issuing Electronic Invoices for Goods and Services Delivered
May 12 is the last day for issuing electronic invoices Electronic invoices are issued on the calendar date of shipment or service provision According to regulation number 489 from August 14, 2020 Electronic invoices are...
5 months ago
Nigeria Launches New E-Invoicing Platform to Enhance Tax Compliance and Business Efficiency
Nigeria’s Federal Inland Revenue Service launched the Merchant Buyer Solution eInvoice platform. The eInvoice is part of the FIRS Digital Transformation Strategy for 2023/24. It is mandatory for all VAT registered...
5 months ago
eID Authentication Unavailable on May 5, 2025, Due to Technical Maintenance
eID authentication service will be unavailable on 05.05.2025 Downtime is scheduled from 18:00 to 19:00 This is due to necessary technical work on the information systems infrastructure Apologies for any inconvenience...
5 months ago
Pakistan Mandates E-Invoicing for All Sales Tax Registrants by June 2025
Pakistan’s Federal Board of Revenue extends e-invoicing to all sales tax registrants Notification SRO 709(I)2025 issued on 22 April 2025 Expansion follows amendment under SRO 69(I)2025 to Sales Tax Rules 2006...
5 months ago
Comprehensive Guide to Invoicing and VAT Compliance for Belgian Businesses
Guide covers invoicing in Belgium including legal requirements and e-invoicing Addresses common questions on international clients, foreign currencies, and Peppol standards VAT law requires invoices for B2B and certain...
5 months ago
VERI*FACTU Services Now Available on AEAT’s Electronic Headquarters as of April 23, 2025
Services VERI FACTU available from 23 April 2025 Available three months earlier than planned Part of Real Decreto 1007 2023 Applies to systems supporting billing processes for businesses and professionals Standardizes...
5 months ago
Pakistan Announces New Deadlines for Electronic Invoicing Implementation
Pakistan has extended the deadlines for electronic invoicing The extension aims to provide businesses with more time to comply Authorities are focusing on improving tax compliance and transparency Businesses are...
5 months ago
Nigeria Launches E-Invoicing Committee to Strengthen Tax Compliance and Combat Evasion
Nigeria launches National E-Invoicing Solution Inter-Agency Steering Committee Aims to further reduce tax evasion Enhances transparency in financial transactions Promotes efficient tax collection Involves collaboration...
5 months ago
VAT Refund Procedure for Non-EU Businesses: Electronic Invoice Submission and Documentation Requirements
Input VAT amounts must be proven with original invoices and import documents for non-EU businesses. Non-EU businesses must provide a certificate proving their registration under a tax number. Electronic invoices can be...
5 months ago
Pakistan Extends Deadline for Taxpayer Electronic Integration to June and July 2025
The Federal Board of Revenue (FBR) in Pakistan has extended the deadlines for taxpayers to integrate with its computerized system under the Sales Tax Act, 1990. Corporate taxpayers must complete their integration by...
5 months ago
Croatia Expands Fiscalization Scope and Mandates E-Invoicing
Expansion of Fiscalization: On February 27, 2025, Croatia proposed a draft law to expand fiscalization beyond cash transactions to include all payment types, such as non-cash transactions, and to cover industries...
5 months ago
Proposed expansion of e-invoicing rules for B2G transactions
Rule 44 Proposal: The New Zealand Government Procurement Rules propose that public agencies handling over 2,000 domestic trade invoices annually must be equipped to process e-invoices and require large suppliers to...
5 months ago
MoF Proposes a Delay for Parts of the Mandatory E-Invoicing System—Invoices from Cash Registers
Poland’s Ministry of Finance proposes delaying the ban on using cash register invoices and the requirement to include KSeF numbers in payments until the end of 2026, while maintaining the main rollout deadlines for...
5 months ago
E-Invoicing and VAT Update: VAT Hike Cancelled, E-Invoicing Planned for 2028
Cancellation of VAT Hike: South Africa’s National Treasury has canceled the proposed VAT increase from 15% to 16%, originally set for June 1, 2025, due to public feedback and economic concerns, providing temporary...
5 months ago
Nigeria Launches New E-Invoicing Platform
Nigeria’s Federal Inland Revenue Service (FIRS) has officially launched a new e-invoicing platform, the Merchant Buyer Solution (eInvoice), in conjunction with the inauguration of the National Electronic Invoicing...
5 months ago
AI in Invoice Processing: What Can an LLM do?
Current State of AI Adoption: Despite the growing interest in AI technologies, only 16% of German companies are currently utilizing AI in their processes, highlighting a gap between ambition and reality in leveraging...
5 months ago
E-Invoices as Evidence in Debt Recovery: Brzoska’s Team Proposes Innovative Enforcement Solution
Innovative Debt Enforcement Proposal: Rafał Brzoska’s deregulation team has proposed using e-invoices issued through the National e-Invoicing System (KSeF) as a basis for simplified debt enforcement, allowing for...
5 months ago
VAT Compliance Myth Busted: “My Accounting Software Handles VAT”
Limitations of Accounting Software: While cloud-based accounting tools like Xero, QuickBooks, and Sage offer features such as VAT calculation, tracking, and local report generation, they often fall short of addressing...
5 months ago
