Release of Version 1.9: On January 31, 2025, the Italian Tax Authorities issued version 1.9 of the Technical Specifications for e-invoicing, introducing changes that will take effect on April 1, 2025, in response to...
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Belgian 5th-Corner Transaction Data Reporting Confirmed
Introduction of Near-Real-Time Transaction Reporting: The new Belgian coalition agreement includes plans to implement near-real-time transaction reporting by 2028, enhancing the country’s electronic invoicing framework...
7 months ago
Bavaria is to adopt a single point of contact for e-invoicing exchange soon
Shift to Centralized E-Invoicing: Bavaria will transition from a decentralized e-invoicing system, where public entities received invoices via paper or email, to a centralized platform to streamline the process...
7 months ago
Webinar Recap: Driving Business Success with Tax Data – Insights, Integration, and Real-Time Compliance
Gratitude for Participation: RTC expresses heartfelt thanks to all attendees of the webinar “Driving Business Success with Tax Data: Insights, Integration, and Real-Time Compliance,” held in collaboration with WTS...
7 months ago
Belgium’s VAT Modernization: Peppol 5-Corner Model Implementation for Real-Time Reporting by 2028
Introduction of Mandatory E-Invoicing and Real-Time Reporting: Belgium will implement mandatory e-Invoicing for B2B transactions starting January 1, 2026, and near real-time e-Reporting by 2028. These measures aim to...
7 months ago
Danish Business Authority Releases Updated Peppol Schematron Packages 1.14 and 1.2.10
The Danish Business Authority has released updated Peppol Schematron Packages (CIUS 1.14.0 and BIS3-Other 1.2.10), which will become mandatory on February 17, 2025. Let’s delve deeper into this topic! Source: www...
8 months ago
Building the Modern Tax Tech Function: How Leading Enterprises Organise
The 3 Most Common Tax Tech Organizational Models There’s no single “right” way to structure tax technology, but most companies fall into one of these three rough categories. Understanding their trade-offs can help you...
8 months ago
Belgium Eyeing E-Invoicing Obligations From 2028
In its newly released tax plan for the period 2025-29, Belgium’s new Coalition Government has announced it will introduce real-time value-added tax reporting requirements from 2028.
Source: www.vitallaw.com
8 months ago
Chatbots Failure: Impact on Taxpayers and Advisers Revealed by Recent Reports
Reports show chatbots used by HMRC are working less than 50% of the time Resolution rate is only 21% even after connection is established Moving services online has caused significant issues for taxpayers and advisers...
8 months ago
NBR Panel Recommends E-Invoicing for VAT to Enhance Transparency in Tax Collection
NBR panel suggests e-invoicing for VAT to establish transparency in tax collection Implementation of automated chalan in VAT collection will save time and reduce errors Committee formed to strengthen automation process...
8 months ago
Slovakia’s Mandatory B2B E-Invoicing: Updates and Roadmap for VAT Compliance by 2027
Slovakia introduced mandatory B2G e-invoicing in 2022 Slovakian government plans to implement mandatory B2B e-invoicing Ministry of Finance released documents for public consultation until January 31, 2025 Mandatory B2B...
8 months ago
Belgium to Implement New CTC E-Reporting Mandate by 2028: What You Need to Know
Italian Revenue Agency announced updates to e-invoicing technical specifications Updated documentation to version 1.9 effective from April 1, 2025 Changes include introduction of Document Type “TD29” for...
8 months ago
Measures to Impact Climate, Consumption, and Combat Fraud in Indirect Taxes: Agreed VAT and Excise Duty Changes
Measures in indirect taxes aim to impact climate, consumption, simplify formalities, and combat fraud Changes in VAT rates include reductions for heat pumps, extensions for demolition and reconstruction, and increases...
8 months ago
India’s Path to Mandatory B2C E-Invoicing by 2026-27: A Game-Changer for Tax Compliance
India plans to launch B2C e-invoicing with a voluntary pilot in 2024-25 Full rollout expected by 2026-27 if successful Businesses will generate and upload invoices to the Invoice Registration Portal for validation...
8 months ago
Worldwide updates on E-Invoicing/Real Time Reporting/SAF-T in January 2025
For the Podcast version on SPOTIFY, click HERE The Overviews Worldwide Upcoming E-Invoicing mandates, implementations and changes – Chronological Timeline of B2B E-Invoicing & E-Reporting mandates in the European...
8 months ago
Singapore to Begin Phased Rollout of E-Invoice Reporting via InvoiceNow in May 2025
The Inland Revenue Authority of Singapore (IRAS) has announced a phased voluntary rollout of e-invoice data reporting via the InvoiceNow network. Starting May 1, 2025, GST-registered businesses can adopt it voluntarily...
8 months ago
Introduction of Fiscalization 2.0 and E-Invoicing in Croatia
Introduction of E-Invoicing for VAT Reporting: The Croatian government will implement the “Fiscalization 2.0” tax package next year, requiring e-invoicing as the primary reporting system for VAT, expanding...
8 months ago
ZATCA Determines Criteria for Selecting Taxpayers for 20th Wave of E-Invoicing Integration
ZATCA has recently issued a circular outlining the criteria for selection of taxpayers for the 20th wave of implementation of the e-invoicing integration phase. Taxpayers with taxable revenues exceeding SAR 1.5 million...
8 months ago
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E-Commerce News February 2025
Quick-fire VAT and Ecommerce news from around the world to help you stay up-to-date with the market. Changes for Europe in 2025 A lot changed on January 1st, but there’s more in the pipeline you should be aware of. EU...
8 months ago
Chile Requires Physical Copies of VAT E-Invoices for Sales and Services from 2025
Obligation to Provide Printed or Virtual Receipts: The resolution mandates that businesses must provide either a printed or virtual representation of electronic sales receipts and payment vouchers for transactions...
8 months ago
Italy Further Extends Pre-Filled VAT Returns Pilot
Extension of Pre-Filled VAT Declarations: The Italian tax agency has extended a pilot program for pre-filling VAT declarations using electronic invoice data. Expanded Transaction Data Listing: The program now lists...
8 months ago
SNI Webinar – e-Invoicing and Digital Reporting: A Global Perspective for the First Half of 2025 (Feb 4)
Register HERE Date & Time: Feb 4, 2025 02:00 PM in Brussels Description Join us for e-Invoicing and Digital Reporting: A Global Perspective for the First Half of 2025 We will be covering the following: About SNI...
8 months ago
ZATCA Urges Taxpayers to Benefit from Fines Cancellation, Penalties Exemption Initiative
The Zakat, Tax and Customs Authority (ZATCA) has urged all taxpayers to take advantage of the cancellation of fines and exemption of penalties initiative, available until June 30, 2025. ZATCA clarified that the...
8 months ago
The Netherlands Embraces Real-Time Taxation: Revolutionizing VAT Payments for Businesses
The Dutch Tax Authorities are exploring real-time taxation for VAT payments The system automatically calculates and transfers VAT at the moment of payment This eliminates the need for quarterly filings and aims to...
8 months ago
Croatia’s Fiskalizacija 2.0: Mandatory B2B E-Invoicing Launch in 2026 for Tax Compliance
Croatia to launch Fiskalizacija 2.0 in 2026, mandating B2B e-invoicing A free app called “FiskAplikacija” will be developed to support businesses The system will require real-time reporting to the...
8 months ago
Belgian VAT Reforms 2025: Coalition Agreement Introduces Significant Changes for Various Sectors
Near Real-Time Reporting and E-Invoicing: From 2028, near real-time reporting for invoicing and expanded use of registered cash register systems (GKS) will be implemented to reduce administrative burdens and prevent...
8 months ago
Tax authorities reevaluate fixed establishments in Poland, impacting VAT settlements and e-invoicing compliance.
Polish tax authorities have changed their approach to recognizing fixed establishments (FEs) Taxpayers with recognized FEs in Poland have been informed that no FE exists Tax authorities refer to CJEU case law and set...
8 months ago
Norway’s Plan for Mandatory E-Invoicing and Digital Bookkeeping: A Review of Options for Implementation
Norwegian Ministry of Finance and Skatteetaten studying e-invoicing for B2B transactions Directorate of Taxes to present report by mid-June 2025 Electronic invoicing mandatory for B2G transactions since 2019 Extending...
8 months ago
