The EU’s VAT reform agenda, initiated by the 2016 Tax Action Plan, includes over ten reforms such as the 2021 e-commerce VAT package and the Digital Age VAT reforms set for completion by 2035. The reform program has...
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Mandatory E-Invoicing Requirement for Large Taxpayers
Effective June 1, 2025, Pakistan’s FBR mandates large taxpayers to adopt mandatory e-invoicing, integrating their accounting, invoicing, and POS systems with the FBR’s infrastructure for real-time validation and secure...
6 months ago
Oman Launches Mandatory E-Invoicing in 2026 | Phased VAT Compliance & Digital Tax Transformation
Oman’s Tax Authority signed a key agreement with Omantel to implement a national e-invoicing system, marking a significant step towards modernizing its tax system and aligning with global digital standards. E-invoicing...
6 months ago
Guide for Business Households: Registering for Cash Register Invoices by June 1, 2025
Starting June 1, 2025, business households in Vietnam must use electronic invoices from cash registers. Businesses must meet one of three criteria: annual revenue over 1 billion VND, use of computers, or being a larger...
6 months ago
E-Invoicing in Germany: Key Updates for 2025–2028
Germany will require all businesses to receive e-invoices starting January 1, 2025, with phased issuance obligations beginning in 2027 and full B2B e-invoicing compliance mandatory by 2028. Source: www.fiscal...
6 months ago
Key Steps for Ensuring Compliance with E-Invoicing Regulations
E-invoicing has become a crucial global compliance requirement, evolving beyond traditional VAT reporting to integrate real-time data exchange and systems integration. Businesses must align their entire compliance...
6 months ago
European Commission Unveils New Strategy Mandating EU E-Invoicing Standard for Public Procurement
The European Commission presented a new Single Market Strategy Plans to revise the acquis on E-Invoicing in public procurement Existing Directive will be turned into a Regulation EU E-Invoicing standard will become...
6 months ago
Update on Malaysia’s MyInvois E-Invoicing: 3rd Wave Implementation Delay
Malaysia’s third wave of the MyInvois e-invoicing mandate, originally scheduled for July 1, 2025, is now under reconsideration. This phase targets businesses with annual sales between RM500,000 and RM25 million...
6 months ago
How AI VAT Filing is Revolutionising Global VAT Compliance
Transformation of VAT Filing: AI VAT filing automates and optimizes the preparation, validation, and submission of VAT returns, enabling real-time data analysis and compliance with evolving regulations like the...
6 months ago
ecosio Webinar: The Three Main E-invoicing Solution Types Explained (June 5)
REGISTER HERE Thursday, 5. June 2025 10:00 AM – 10:40 AM bst What we’ll cover When it comes to e-invoicing systems, there are three main options available to businesses: on-premise solutions, iPaaS...
6 months ago
Ghana Revenue Authority Extends E-VAT System for Real-Time VAT Invoice Issuance and Compliance
Ghana Revenue Authority extends Electronic Value Added Tax system Replaces 30-day manual invoice process with digital system VAT invoices must be issued within 48 hours E-VAT pilot began in October 2022 Transition from...
6 months ago
E-Invoicing & E-Reporting developments in the news in week 21/2025
Podcasts on E-Invoicing & E-Reporting mandates on Spotify Follow the latest updates on E-Invoicing and Real Time Reporting on www.vatupdate.com and the LinkedIn pages on E-Invoicing/Real Time Reporting and ViDA...
6 months ago
Dominican Republic Extends E-Invoicing Deadline for Large and Medium Taxpayers to November 2025
The deadline for e-invoicing implementation for large and medium-sized taxpayers in the Dominican Republic has been extended. The original deadline was May 15, 2025, now moved to November 15, 2025. The extension applies...
6 months ago
MTO Karachi Educates KATI Members on Digital Tax Reforms and Automated Invoicing System
MTO Karachi conducted an awareness session for KATI members on digital tax reforms The session focused on the new automated tax invoicing system by PRAL Aimed to educate business owners on digital invoicing, e-filing...
6 months ago
OIOUBL 3.0 delay officially confirmed in Denmark
Delay of OIOUBL 3.0: The Danish Business Authority has postponed the release of OIOUBL 3.0 by six months to October 2025, with a mandatory implementation date on May 15, 2026, due to unresolved inquiries requiring...
6 months ago
E-Invoicing seminar engages Japanese business community in Auckland
Event Overview: On May 15, 2025, MBIE, in collaboration with the Japan Peppol Authority and the Japanese Consulate-General, hosted an eInvoicing seminar in Auckland to educate the Japanese business community in New...
6 months ago
Argentina extends invoice rules to SME’s
As of April 1, 2025, small and medium-sized enterprises (SMEs) in Argentina must comply with the Consumer Tax Transparency Regime (RTFC), which requires detailed breakdowns of VAT and withholding taxes on electronic...
6 months ago
Nigeria Unveils FIRSMBS E-Invoicing Platform to Enhance Digital Tax Compliance and VAT Collection
Launch of FIRSMBS: On April 29, 2025, Nigeria’s Federal Inland Revenue Service (FIRS) launched the Merchant Buyer Solution (FIRSMBS), a centralized e-invoicing platform aimed at enhancing VAT collection, reducing...
7 months ago
New Zealand’s Procurement Reform: E-Invoicing Mandate Proposed Under Rule 44
Proposed E-Invoicing Requirement: The New Zealand Government plans to amend its Procurement Rules (Rule 44) to mandate that public sector agencies processing over 2,000 domestic trade invoices annually, as well as large...
7 months ago
France Moves Forward with E-Invoicing: Updated Specs and Factur-X v1.07 Released
Updated Technical Specifications Released: On May 13, 2025, AFNOR published updated technical specifications for France’s e-invoicing and e-reporting mandate, detailing the required syntax, semantic structure, and...
7 months ago
Latvia Delays Mandatory B2B E-Invoicing Implementation to 2028
Updated June 7 Latvia postpones mandatory B2B e-invoicing to 1 January 2028 The Ministry of Smart Administration and Regional Development proposed the delay The postponement follows the enactment of Amendments To The...
7 months ago
France Updates E-Invoicing Specifications, Businesses Must Adapt by September 2026 Deadline
France released updated technical specifications for e-invoicing and e-reporting on 13 May 2025 Specifications were developed by AFNOR and outline syntax and structure for compliant invoices Businesses must update ERP...
7 months ago
South Africa to Mandate E-Invoicing by 2028 to Combat VAT Fraud and Modernize Tax Compliance
South Africa plans to mandate electronic invoicing by 2028 to modernize tax compliance and reduce VAT fraud VAT fraud costs the country up to ZAR 50 billion annually The South African Revenue Service is considering a...
7 months ago
Addressing Taxpayer Concerns: Beyond VIDA Implementation and the VAT Gap in EU Tax Systems
VIDA is not fully implemented or transposed yet. Companies are asked to consider a post-VIDA scenario focusing on the VAT Gap. Taxpayer interests are overlooked, except for potential easier VAT compliance. Other...
7 months ago
SAP and AWS Launch AI Co-Innovation Program to Enhance Generative AI for Business Solutions
SAP and AWS launched a new AI Co-Innovation Program The program aims to help partners build generative AI applications for ERP workloads It combines SAP’s enterprise technology with AWS’s generative AI...
7 months ago
Belgian Entrepreneurs Advance Towards E-Invoicing with Accountants’ Support Ahead of 2026 Mandate
Belgian entrepreneurs are making significant progress towards e-invoicing with the help of their accountants. A survey of 1679 members of the Institute for Tax Advisors and Accountants shows that many are preparing for...
7 months ago
Electronic Invoicing for Veterinarians: Understanding Legal Requirements and Exceptions
Doubts exist about the electronic invoicing ban for veterinary doctors. The law prohibits electronic invoicing for those required to send data to the Health Card System. The ban applies to invoices that must be sent to...
7 months ago
Dominican Republic Extends E-Invoicing Deadline for Large and Medium Taxpayers by Six Months
DGII extends e-invoicing deadline by six months for large local and medium taxpayers in the Dominican Republic Extension announced on 15 May 2025 Applies to taxpayers actively working on e-invoicing adoption Eligible...
7 months ago
