Sept 2026 – 27 B2B e-invoicing & B2C e-reporting: new external spec’s released Source vatcalc See also E-Invoicing/Real Time Reporting – What can you find on VATupdate.com Worldwide Upcoming E-Invoicing mandates...
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Lithuania is replacing E. sąskaita with the SABIS platform for B2G e-invoicing
From 1 July 2024, all invoices to public entities and other contracting organizations must be submitted through SABIS (General Account Administration Information System), replacing the E. sąskaita platform. This change...
2 months ago
Romania extends e-invoicing requirements to the B2C sector
Romania plans to extend e-invoicing requirements to B2C transactions starting from 1 January 2025, with optional use available from 1 July 2024. This move aims to combat tax evasion by facilitating the Romanian Tax...
2 months ago
Singapore Consulting on Draft GST Guide on Adopting InvoiceNow Requirement for GST-registered Businesses
The Inland Revenue Authority of Singapore has released a draft e-Tax guide for consultation on the adoption of InvoiceNow for GST-registered businesses. The guide explains the GST InvoiceNow Requirement and aims to...
2 months ago
HMRC Warns Agents to Stay Vigilant Against Malware and Protect Client Data
HMRC has warned that agents are frequently targeted by criminals who attempt to trick them into downloading malicious software (malware). HMRC will suspend the agent’s account where it suspects that an agent has...
2 months ago
Old Tax Portal for Entrepreneurs Closes Permanently on July 1, 2024
The old portal for entrepreneurs will be permanently closed on July 1, 2024, and the Belastingdienst (Dutch Tax Authority) is advising businesses to switch to Mijn Belastingdienst Zakelijk (My Business Tax Authority)...
2 months ago
Finnish Ministers Discuss EU VAT Modernization and Economic Impact of Russia’s Invasion
Finnish government ministers are discussing proposed EU legislation changes to update VAT rules for the digital era. The goal is to reach a political consensus on the legislative proposals. Finland is willing to accept...
2 months ago
Romania’s E-Invoicing and E-Reporting Mandates: Key Dates and Compliance Guide
Romania is implementing a mandatory e-invoicing and e-reporting system for B2B and B2G transactions, with a grace period until May 2024 and plans to expand the e-reporting mandate to include B2C transactions by 2025...
2 months ago
Progress Report: Modernization of Tax Authority’s ICT Systems Shows Significant Improvement
State Secretary Van Rij informed the Dutch Parliament about the progress of modernizing the ICT systems of the Tax Authorities. The ICT landscape of the Tax Authorities has improved compared to a few years ago. The Tax...
2 months ago
Timely Submission of Electronic Invoices is Mandatory for Tax Compliance in Uzbekistan
The State Tax Committee of the Republic of Uzbekistan emphasizes the timely completion of electronic invoices (EHF). Electronic invoices are continuously monitored by tax authorities. EHFs must be issued on the calendar...
2 months ago
Germany Issues Draft Guidelines for Mandatory B2B E-Invoicing, Seeks Feedback by 11 July 2024
The German government has issued a draft administrative guideline that introduces mandatory electronic invoicing (e-invoicing) for business-to-business (B2B) transactions, effective from January 1, 2025, in an effort to...
2 months ago
Germany Announces New E-Invoicing Rules Effective January 2025
The German Government has issued guidance on new electronic invoicing obligations starting January 1, 2025. The guidance was released as a draft letter by the Ministry of Finance on June 13, 2024, and will be finalized...
2 months ago
Ministry of Finance Proposes Extension of Mandatory Electronic Invoicing
The Ministry of Finance has proposed an extension to the obligation of issuing electronic invoices. This proposal aims to broaden the scope of entities required to use electronic invoicing. The initiative is part of...
2 months ago
Draft BMF Guidelines for E-Invoicing Effective from 2025 Published for Commentary
The German Ministry of Finance (BMF) has released a draft document outlining the principles for the application of the new e-invoicing system starting January 1, 2025. From January 1, 2025, there will be a legal...
2 months ago
Greek Finance Minister Kostis Hatzidakis Attends Eurogroup and ECOFIN Meetings in Luxembourg
Greek Minister of National Economy and Finance, Kostis Hatzidakis, is attending Eurogroup and ECOFIN meetings in Luxembourg. Eurogroup meeting on June 20 will discuss the Eurozone economy, the euro’s role as an...
2 months ago
Germany’s Ministry of Finance Publishes Draft Regulation on Mandatory E-Invoicing for B2B Transactions
Germany’s Ministry of Finance has published draft guidance on e-invoicing for domestic B2B transactions. The e-invoicing mandate will be gradually rolled out starting January 1, 2025. E-invoices must be...
2 months ago
E-invoicing – Release of version 2.4 of the external specifications
The latest version of the Public Billing Portal 2.4 External Specifications. Download the documents: Electronic Invoicing External Specifications Package, Annexes, Examples and XSD (.zip) What are the main changes in...
2 months ago
Webinar – Update on E-Invoicing in Germany (June 27)
Update e-invoicing in Germany with the experts Richard Luthardt, Ivo Moszynski and Ahu Ocak Caglayan! When: June 27, 2024 @ 3PM CET Register HERE Click on the logo to visit the website Click on the logo to visit the...
2 months ago
E-Invoicing in Romania: Complete Guide
Romania has extended the transition period for e-invoicing and e-reporting mandates until 31 May 2024. E-reporting will become mandatory for B2C transactions by 2025. In June 2024, Romania plans to extend the e...
2 months ago
Dominican Republic Publishes Updated Lists of Taxpayers Subject to Mandatory E-Invoicing
The Dominican Republic’s DGII has issued Notice 11-2024 on an updated list of large local and medium taxpayers required to comply with the country’s new mandatory electronic invoicing (e-invoicing)...
2 months ago
E-Rechnungsgipfel 2024: countdown to B2B e-Invoicing in Germany
The German e-Invoicing community met in Berlin for the traditional e-Rechnungsgipfel on June 10/11, 2024, with discussions focusing on the upcoming B2B e-invoicing mandate. There is a general sentiment that there is a...
2 months ago
Group on the Future of VAT – Minutes of the 45th meeting (May 28, 2024)
Link: GFV 137 – Minutes 45th GFV meeting – May 28, 2025 Summary of the discussion related to ViDA The implementation of the Single VAT Registration (SVR) part of the ViDA package will be further discussed in...
2 months ago
Mandatory Electronic Invoicing for B2C Transactions in Romania Starting January 2025
Ministry of Finance continues measures against tax evasion. Mandatory electronic invoicing for B2C transactions starting January 1, 2025. Proposed changes in the national electronic invoicing system (RO e-Factura) and...
2 months ago
Romania to Mandate Electronic Invoicing for B2C Transactions Starting 2025
Romania plans to include business-to-consumer transactions in its mandatory electronic invoicing system starting in 2025. The finance ministry announced the proposal on Tuesday. This follows the introduction of...
2 months ago
Malaysia Opens Up MyInvois Testing Environment for E-invoicing Integration
The Malaysian Inland Revenue Board (IRD) has launched a trial environment for its e-invoicing system, MyInvois. The “sandbox” environment was first accessible on April 10th for leading organizations and then...
2 months ago
Update on Dutch Tax Authorities’ ICT modernization
The Dutch State Secretary of Finance informed the Dutch Parliament about the progress of modernizing the Tax Authorities’ ICT systems. The letter provides an update on the modernization of the IT systems at the...
2 months ago
Belgium struggles for unanimous agreement on ViDA Package amid Estonian opposition
Belgium, during its European Council presidency, failed to secure unanimous agreement on the ViDA package at the ECOFIN Council on 14 May 2024. Member states agree on mandatory digital reporting of intra-Community...
2 months ago
Ensuring VAT Compliance: SAP E-Invoicing and Reporting Solutions
SAP provides solutions for e-invoicing and VAT reporting compliance. E-invoicing helps streamline invoicing processes and ensures accuracy. VAT reporting compliance is crucial for businesses to meet legal requirements...
2 months ago
