- On February 17, 2025, the Federal Inland Revenue Service (FIRS) announced plans to initiate an e-invoicing pilot in the second half of the year, targeting selected large taxpayers during a stakeholder engagement meeting.
- This pilot follows FIRS’s earlier announcement in September 2024 about mandatory e-invoicing through the FIRS e-invoice system, part of the Tax Administration Solution 3.0 project, with ongoing consultations and stakeholder engagement.
- The national e-invoice, compliant with global best practices and utilizing BIS Billing 3.0 UBL for e-invoice exchange, aims to gather insights from the pilot to inform broader implementation for additional taxpayer groups.
Source: sovos.com
Click on the logo to visit the website
Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.
