In Japan, the e-Invoice Promotion Association (EIPA) was founded to develop and promote a uniform e-Invoicing system. EIPA and the Japanese government have been collaborating together with OpenPEPPOL to develop a Japanese standard that meets the country’s legal and business requirements. The new Japanese standard for tax-compliant e-Invoicing is based on the Peppol standard with a local specification. The Peppol format is encouraged for the exchange of electronic invoices by the Japanese Digital Agency.
- What is the date that e- Invoicing will become mandatory?
- What are the details of the Peppol Standard?
- How can taxpayers comply with the implementation of e-invoicing?
- Who is affected by the e-Invoicing mandate?
- Will there be a digital signature for the invoices and what is the format?
Source: SNI
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