Pakistan is set to introduce new electronic invoicing obligations for corporations from June 1, 2025. From June 1, 2025, taxpayers registered as companies must issue electronic invoices through software that is...
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May 2025 Tax Headlines: Global VAT News
Here is our round-up of all the newest tax snippets from May 2025 – featuring news of rate changes, regulatory updates and reclassifications across the world. EU Azerbaijan Pakistan Sri Lanka France Bulgaria Lithuania...
2 months ago
Viva la ViDA: Shaping the Future of E-Invoicing across the EU
ViDA OverviewThe EU’s VAT in the Digital Age (ViDA) initiative aims to modernize VAT systems by improving fraud prevention, streamlining processes, and simplifying compliance through real-time digital reporting, e...
2 months ago
Spanish State Treasury Clarifies Invoice Retention Requirements to Prevent Penalties
The Spanish Treasury confirms invoices must be retained for at least four years under Law 58/2003, with longer retention periods applying to specific types of transactions and records. Business records, including...
2 months ago
What is the Peppol Directory? How Does It Work?
What is the Peppol Directory?The Peppol Directory is a centralized digital registry that enables businesses to connect securely through the Peppol network, facilitating cross-border electronic transactions like e...
2 months ago
Poland Releases New Draft of KSeF FA(3) Schema with Key Updates and Features
Draft Publication and Key Changes: On May 8, 2025, the Polish Ministry of Finance published a draft version of the FA(3) logical structure for the National e-Invoicing System (KSeF), introducing technical updates, new...
2 months ago
Briefing Document: Italian E-Invoicing and Regulatory Landscape
Executive Summary: This document provides a comprehensive overview of the evolving e-invoicing and regulatory compliance environment in Italy, encompassing significant updates, timelines, and initiatives spanning from...
2 months ago
Dominican Tax Authority extends deadline for implementing Electronic Invoicing for Large Local and Medium Taxpayers
The Dominican Tax Authority has extended the deadline for mandatory Electronic Invoicing for Large Local and Medium Taxpayers from May 15, 2025, to November 15, 2025, through Notice 12-25. This extension applies only to...
2 months ago
General Directorate Extends Deadline for E-Invoice Implementation
General Directorate extends implementation timeline for e-invoices New deadline set for compliance with e-invoice regulations Businesses given additional time to adapt to e-invoice system Extension aims to ensure smooth...
2 months ago
Turkey Updates e-Invoice Package and UBL-TR Guide for Enhanced Compliance and Standardization
Turkey’s Revenue Administration released updates to the e-Invoice Package and UBL-TR Guide on April 28, 2025 Updates aim to enhance standardization and regulatory compliance New requirements effective from May 2...
2 months ago
South Africa’s Budget 3.0: Mandatory E-Invoicing and VAT Reform by 2028 for Businesses
South Africa’s Budget 3.0 focuses on fiscal strengthening without increasing VAT rates. The proposed 1 percent VAT hike was canceled, creating a revenue gap. SARS plans to implement mandatory e-invoicing and real...
2 months ago
ViDA and the E-Invoicing Revolution: Why Europe’s VAT Reform Is Bigger Than You Think
The VAT in the Digital Age (ViDA) initiative, adopted in March 2025, aims to revolutionize VAT reporting and compliance across the EU by mandating e-invoicing for intra-EU B2B transactions, implementing Digital...
2 months ago
E-Invoicing in 2025: A New Global Infrastructure for Compliance
E-invoicing has transitioned from a technical project to a strategic necessity for businesses and governments, with a growing emphasis on compliance due to global mandates for real-time data reporting and automated tax...
2 months ago
ViDA – When to issue (E-)Invoices and Summary (E-)Invoices?
With the implementation of VAT in the Digital Age (ViDA) per July 1, 2030, the timelines to issue invoices are reset. This is included in the new version of articles 222 and 223 in the EU VAT Directive 2006/112/EC...
2 months ago
Chartered Accountants Ireland’s Recommendations for UK E-Invoicing Policy
Chartered Accountants Ireland (CAI) supports the promotion of electronic invoicing (e-invoicing) in the UK but emphasizes the need for a gradual, well-planned approach, recommending a voluntary adoption phase...
2 months ago
CIOT and ICAEW Respond to UK Government’s Electronic Invoicing Consultation
ICAEW has recommended that the UK prioritize voluntary adoption of electronic invoicing (e-invoicing) and delay any mandatory implementation until at least January 1, 2030, in response to the government’s...
2 months ago
Oman Tax Authority and Omantel Partner to Launch Advanced E-Invoicing System for Digital Transformation
The Tax Authority of Oman has signed an agreement with Oman Telecommunications Company (Omantel) to implement an advanced e-invoicing system, marking a significant step in the country’s digital tax transformation...
2 months ago
Luxembourg VAT: A 2025 Guide to Digital Compliance and E-Invoicing
Complex VAT Landscape: Luxembourg’s VAT compliance is becoming more intricate and digitalized, particularly as the country adapts to EU tax reforms like the VAT in the Digital Age (ViDA) initiative, necessitating...
2 months ago
How GenAI is reshaping the future of tax talent
Recruitment and Talent Diversification: In response to a global tax talent shortage, tax leaders are broadening recruitment criteria to include candidates without traditional degrees, focusing on essential hard and soft...
2 months ago
UK Tax Experts Advise Gov’t On Promoting E-Invoicing Uptake
The Chartered Institute of Taxation in the UK has issued recommendations to the Government on achieving its aims of encouraging adoption of electronic invoicing.
Source: www.vitallaw.com
2 months ago
Why Technical Support is Important for Peppol Integrations
Importance of Technical Support: Effective technical support is crucial for successfully integrating with Peppol, ensuring secure, efficient connections that comply with evolving global regulations. It helps businesses...
2 months ago
ViDA Compliance Guide: How to Prepare for the Initiative
ViDA Overview: The EU’s VAT in the Digital Age (ViDA) initiative aims to modernize VAT administration through three key components: introducing digital reporting requirements, extending VAT to the platform...
2 months ago
Briefing document: Chile E-Invoicing and Electronic Receipts Regulations
1. Overview and Mandate: Chile has a well-established and mandatory e-invoicing system. It was a pioneer in the region, introducing voluntary e-invoicing in 2001. The system has progressively become mandatory...
2 months ago
Briefing Document: Digital Reporting and E-invoicing in Denmark
Review of recent developments and requirements in digital bookkeeping, SAF-T reporting, and e-invoicing in Denmark. Summary: Denmark continues its push towards comprehensive financial digitisation, extending digital...
2 months ago
How does E-Invoicing work in Chile
Updated May 19, 2025 Mandatory Printed Electronic Receipts: The Chilean Internal Revenue Service (SII) has issued Resolution No. 12, requiring businesses to provide printed electronic receipts or payment vouchers for...
2 months ago
Implementation of Alphanumeric CNPJ in Brazilian Electronic Fiscal Documents
Introduction of Alphanumeric CNPJ: The Brazilian Federal Revenue has introduced a new alphanumeric format for CNPJ to expand the capacity for company registrations, affecting electronic fiscal document systems...
2 months ago
Brazil’s Technical Note 2025.002: Preparing for the 2026 VAT Implementation
In April 2025, Brazil’s Federal Revenue Service (Receita Federal) released version 1.01 of Technical Note 2025.002, detailing significant updates to the country’s electronic invoicing systems—Nota Fiscal...
2 months ago
EU Parliament Urges Increased AI Use to Combat VAT Fraud and Protect EU Budget
EU Parliament advocates for increased use of AI to combat VAT fraud Emphasis on machine learning and predictive AI to tackle the issue Global trend of governments using AI for VAT fraud prevention Call for the EU to...
2 months ago
