Directive VIDA aims to simplify and harmonize VAT rules in the EU It addresses challenges posed by digital commerce and aims to combat tax fraud The directive includes an extension of the one-stop shop regime and...
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Italy Pre-Filled VAT Returns Extension
The Italian Revenue Agency has extend the option of pre-filled VAT returns this month for certain taxpayers. These are based on 2024 transaction data submitted via the Italian SdI e-invoicing regime. The service will be...
5 months ago
E-Invoicing Exchange Summit Dubai: Accelerator for Digitization (Feb 10-12)
Switzerland, December 2024 –The Middle East and Africa are experiencing a rapid evolution in E-Invoicing and VAT reporting. Following the success of the 2nd E-Invoicing Exchange Summit in February 2024, the event will...
5 months ago
E-Invoicing & E-Reporting developments in the news in week 5/2025
New LinkedIn Group: Global E-Invoicing & Real Time Reporting developments Click HERE for the PODCAST version discussing ”E-Invoicing & E-Reporting developments in the news in week 5/2025” Follow the latest...
5 months ago
Understanding the Fatoorah E-Invoicing System in Saudi Arabia: Concept and Process
Introduction of Fatoorah: Fatoorah is Saudi Arabia’s mandatory electronic invoicing system, part of the Vision 2030 initiative, aimed at modernizing the economy and enhancing transparency in financial transactions...
5 months ago
Budget Law 2025 – New Provisions in VAT, Customs, and Excise Duties
VAT and Tax Regime Changes: The Budget Law increases the income threshold for accessing the flat-rate tax regime from €30,000 to €35,000 for 2025, and establishes VAT liability for training services provided to...
5 months ago
E-Invoicing in India
E-Invoicing Mandate Overview: India’s e-invoicing mandate, rolled out in phases, currently requires businesses with an annual turnover exceeding 5 crore (~550 K€) to submit invoices through the Invoice Registration...
5 months ago
E-Invoicing & E-Reporting in France: The Complete Guide
Significant Changes Announced: In Q4 2024, the DGFiP (French tax authority) introduced major modifications to France’s e-invoicing and e-reporting mandates, complicating the existing framework involving multiple...
5 months ago
Malaysia’s E-Invoicing mandate will apply to more businesses in 2025
E-Invoicing Mandate Expansion: Starting January 1, 2025, Malaysia’s e-invoicing mandate will extend to mid-sized businesses, with full implementation for all companies set for July 1, 2025. Phased Implementation: The...
5 months ago
Croatian Ministry of Finance confirms that “Fiscalization 2.0” is on the way
Confirmation of Tax Reform: On January 23, 2025, the Ministry of Finance announced at a conference in Zagreb that the “Fiscalization 2.0” tax reform package is in its final development stages, with a legislative package...
5 months ago
The Philippines’ e-Invoicing System Gets an Update
EIS Implementation: The Bureau of Internal Revenue (BIR) is advancing the Electronic Invoicing System (EIS) to enhance tax reporting and compliance, initially focusing on the top 100 taxpayers and urging businesses to...
5 months ago
EU Parliament VAT Fraud Briefing
The EU Parliaments research service has produced a briefing on EU VAT fraud. It covers:
Background to the VAT Gap and types of fraud
Member State and EC policy measures
Future progress and challenges.
Source: vatcalc.com
5 months ago
B2B e-Invoicing FAQ published by the Federal Ministry of Finance
On 19 November 2024, Germany’s Ministry of Finance (BMF) published a Frequently Asked Questions (FAQ) document on the implementation of mandatory electronic invoicing for transactions between domestic entrepreneurs...
5 months ago
BelgiumBosnia and HerzegovinaEstoniaFinlandFranceGermanyHungaryLatviaLithuaniaPolandPortugalSerbiaSlovakiaSweden
Global VAT Guide: January 2025
The January edition of the Global VAT Guide features comprehensive updates on VAT regulations and developments from Belgium, Estonia, Finland, France, Germany, Hungary, Latvia, Lithuania, Poland, Portugal, Slovakia...
5 months ago
2025 Indirect Tax Compliance Trends
While I take a closer look at figures from Vertex’s End-of-Year Sales Tax Rates and Rules Report in this post, I want to share trends that we expect to influence U.S. and global indirect tax rates and rules in 2025 here...
5 months ago
Greece Plans to Implement Mandatory B2B E-Invoicing Upon the European Commission’s Response
Greece plans to implement mandatory B2B e-invoicing following the European Commission’s response. The measure, which will impact all taxable persons established in Greece, will be implemented gradually from July...
5 months ago
E-invoicing in Sweden—Overview
Sweden has mandated e-invoicing for all Business-to-Government (B2G) transactions since April 1, 2019, requiring suppliers to public entities to submit invoices electronically in the Peppol BIS Billing 3.0 format...
5 months ago
Digitization for VAT in Slovakia
Slovakia is advancing its VAT digitization efforts by introducing mandatory e-invoicing for VAT payers starting in January 2027, aligning with EU directives for digital tax reporting.
Source: www.fiscal-requirements.com
5 months ago
EU VAT: 3 New Indirect Tax Regulations Introduced for 2025
A new year means a raft of new VAT regulations; and nowhere is this more apparent than across the European Union (EU). Here are three new VAT mandates that either came into effect on 1st January 2025 or are due to be...
5 months ago
A Guide to VAT in Poland
An Introduction to VAT in Poland VAT was introduced in Poland on 1st January 1993, replacing the previous turnover tax system. Locally, it is known as Podatek od towarow i uslug. VAT Rates Exemptions E-Invoicing in...
5 months ago
France Releases Version 3.0 of e-Invoicing External Specifications
The French government has released version 3.0 of the External Specifications for the nationwide adoption of electronic invoicing, which applies to VAT-registered businesses and mandates the transmission of invoices...
5 months ago
What Is VAT in the Digital Age (ViDA) and How Does it Impact My Business?
On 5 November, the long-awaited EU Commission’s VAT in the Digital Age (ViDA) proposal was approved by Member States’ Economic and Finance Ministers (ECOFIN). ViDA will significantly change e-invoicing rules around the...
5 months ago
Belgium e-invoicing
Belgium is on its way to enforcing electronic invoicing for B2B transactions, having already introduced it for governmental transactions since 2024. It’s important to stay in the know with the country’s upcoming...
5 months ago
Mandatory B2B E-invoicing Possible From July 2025 After EU Derogation
Mandatory B2G and Upcoming B2B E-Invoicing: Greece has implemented mandatory e-invoicing for business-to-government (B2G) transactions and is preparing to introduce a mandatory business-to-business (B2B) e-invoicing...
5 months ago
Sovos Webinar – VAT Snapshot: E-invoicing updates for Poland, Greece, Portugal and Estonia (Feb 6)
REGISTER HERE When: Thursday, February 06, 2025 2:00 PM Greenwich Mean Time 30 minutes 2025 will no doubt be another year of change, with tax authorities continuing to advance their efforts to close VAT gaps and gain...
5 months ago
E-invoicing in the business sector is on the horizon in Norway
Investigation Launch: The Norwegian Ministry of Finance has begun an investigation into digital bookkeeping and electronic invoicing requirements for businesses, aimed at enhancing competitiveness in the private sector...
5 months ago
Egypt mandates new group of taxpayers to issue e-receipts in B2C transactions
Mandatory E-Receipts for B2C Transactions: As of January 9, 2025, the Egyptian Tax Authority (ETA) has announced that a new group of taxpayers must issue electronic receipts for business-to-consumer (B2C) transactions...
5 months ago
ecosio Webinar – How to Integrate EDI with SAP Integration Suite (Feb 6)
REGISTER HERE SAP Integration Suite® (formerly SAP® Cloud Platform Integration) doesn’t necessarily mean efficient EDI. Join us and snap Consulting to discover what is required to achieve a successful EDI implementation...
5 months ago
