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SNI July TaxTech Updates

  • The e-Transformation sector saw several developments in July.
  • France announced a new transmission method for its electronic invoice system called the “Y-Model,” and SNI is in the process of becoming a Plateforme de Dématérialisation Partenaire (PDP) in France.
  • Germany and Romania were granted permission to introduce mandatory electronic invoicing for B2B transactions, with Germany deviating from the VAT Directive.
  • The Dominican Republic approved an electronic invoicing law, while Malaysia’s Inland Revenue Board unveiled a major tax reform to digitize invoicing and transaction processes.
  • Poland has various types of taxation, and Romania officially announced the introduction of mandatory B2B e-Invoicing.
  • The European Commission approved Germany’s authorization to mandate B2B e-Invoicing, and ZATCA announced the seventh group of taxpayers for its e-Invoicing implementation in Saudi Arabia.
  • Finally, France’s implementation of the electronic invoicing system’s expected deadline was postponed, and an Internal Specification file Version 2.3 was published on July 31.

Source SNI


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