The Polish President signed an amendment deferring the KSeF obligation to February 2026. A KSeF mobile application is now available for use. The amendment extends the deadline for implementing the mandatory KSeF until 1...
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BMF releases e-invoicing regulations draft letter
The German Ministry of Finance (BMF) has issued regulatory guidance to the public regarding the German e-invoicing mandate starting on 1 January 2025. The guidance addresses the regulatory changes introduced by the...
2 months ago
Implementing Online VAT Number Validation in SAP: Integration Flow and Connectivity Guide
How to create a VAT number validation integration flow Usage of local integration flow, router, exception subprocess, and more Consumption of SOAP API Connectivity to Amazon RDS (PostgreSQL) Deploy and test the...
2 months ago
Belgium Urges Estonia to Lift Objection Blocking EU Agreement on Updated VAT Rules
Belgium holds the rotating presidency of the Council of the European Union. Belgium will continue to urge Estonia to lift its objection. Estonia’s objection is blocking unanimous agreement by EU governments. The...
2 months ago
Mandatory Electronic Invoicing: Overview of New B2B E-Invoice Regulations Starting 2025
Mandatory electronic invoicing regulations are being introduced in 2025 that will require businesses in certain countries to issue e-invoices for B2B transactions. Overview of New E-Invoice Regulations – Starting...
2 months ago
Romania Mandates Electronic Invoicing for B2C Transactions Starting January 1, 2025
Romania’s Ministry of Finance mandates electronic invoicing for B2C transactions starting January 1, 2025. Businesses can opt to use the RO e-Invoice system from July 1, 2024, with mandatory adoption by January 1...
2 months ago
E-Invoicing in Slovakia: Regulations and Compliance Strategies
Slovakia has experienced delays in implementing e-invoicing for government transactions, with a new target date set for the first quarter of 2024. The Ministry of Finance is still refining the e-invoicing information...
2 months ago
Croatia 2024 eInvoicing Country Sheet
The Act on eInvoicing in public procurement was implemented in Croatia on November 1, 2018, requiring all public procurement entities to receive and process EN-compliant electronic invoices (eInvoices). Croatia has a...
2 months ago
Peppol Conference 2024 key takeaways
The Peppol Conference 2024 announced the evolution of the Peppol BIS format and a potential merger of OpenPeppol & GENA. OpenPeppol association held its first public conference, featuring presentations and panel...
2 months ago
GENA General Assembly Highlights
The Global Exchange Network Association (GENA) held its General Assembly in Utrecht (NL) on June 6, bringing together leading e-invoicing players. The agenda focused on Globalization, Localization, and Interoperability...
2 months ago
ViDA on the agenda of the Ecofin meeting on June 21, 2024
Discussion (and approval) of VAT in the Digital Age (ViDA) will be on the ECOFIN agenda of June 21, 2024 Also the VAT administrative cooperation arrangements needed for the digital age will be discussed during this...
2 months ago
Germany publishes e-invoicing draft administrative guideline, accepting feedback until 11 July
The German Federal Ministry of Finance (BMF) has issued a draft administrative guideline that marks a significant move toward mandatory electronic invoicing (e-invoicing) for business-to-business (B2B) transactions...
2 months ago
B2C E-Invoicing mandatory as of 2025
2024 eFactură B2B e-invoicing regime to be extended to B2C January 2025 Source vatcalc See also E-Invoicing/Real Time Reporting – What can you find on VATupdate.com Worldwide Upcoming E-Invoicing mandates...
2 months ago
Draft details published: clearing the fog for B2B mandate in Germany
On 13.6.2024, the Federal Ministry of Finance (“BMF”) released a draft official letter to address open questions about the upcoming e-Invoicing mandate. The letter covers various topics raised by economic operators and...
2 months ago
Belgian Presidency Seeks ViDA Agreement Amid Estonia’s Concerns at Final ECOFIN Meeting
The Belgian Presidency will attempt to reach an agreement on the VAT in the digital age (ViDA) package during the next ECOFIN meeting on 21 June. An agreement was not reached in the last ECOFIN meeting on 14 May due to...
2 months ago
5 Global Indirect Tax Trends to Look Out for in 2024 and Beyond
Digitalization of tax systems is becoming more prevalent, requiring businesses to update their financial and accounting systems to ensure compliance. The expansion of Goods and Services Tax (GST) and Value-Added Tax...
2 months ago
Egyptian Tax Authority: Only Electronic Invoices Accepted for Tax Declarations and VAT Deductions Since July 2023
The Egyptian Tax Authority reminds all taxpayers that since July 1, 2023, only electronic invoices are accepted, not paper invoices. This applies to: Proving costs or expenses when submitting tax returns. Deducting and...
2 months ago
Introduction of E-Invoicing in the EU: What Swiss Companies Need to Know
The electronic invoice (“e-invoice”) goes back to the EU Commission’s “VAT in the Digital Age (VIDA)” initiative of December 8, 2022. The digitization of the VAT system in the EU is...
2 months ago
Scheduled Maintenance for National e-Invoice System on June 18, 2024
Maintenance work on the production environment of the National e-Invoice System Scheduled for June 18, 2024, from 12:00 PM to 3:00 PM Affects the API production environment and the Taxpayer Application of the National e...
2 months ago
Bolivia Plans Major Expansion of Electronic Invoicing System
Bolivia is planning to expand its electronic invoicing system. Source: answerconnect.cch.com Note that this post was (partially) written with the help of AI. It is always useful to review the original source material...
2 months ago
Germany’s Ministry of Finance Releases Draft Regulation for E-Invoicing Mandate Starting January 2025
Germany’s Ministry of Finance released draft guidance on implementing an e-invoicing mandate for domestic B2B transactions. The e-invoicing mandate will be gradually introduced starting January 1, 2025. An e...
2 months ago
Key Tax Reforms in Finance Bill 2024: E-Invoicing, Sales Tax Changes, and Anti-Fraud Measures
The Finance Bill, 2024 was presented to the National Assembly. Proposed tax measures include: Introduction of specific instances that may constitute tax fraud. Reinstatement of sales tax on advance payments...
2 months ago
National Tax Bureau Launches E-Invoice Value-Added Service Center for Businesses
The Taiwan National Taxation Bureau has released a list of value-added services for electronic invoices. This initiative aims to assist businesses in adopting and issuing electronic invoices. The list and quick...
2 months ago
Guide to Adopting InvoiceNow for GST-Registered Businesses: Requirements and Implementation Phases
The e-Tax Guide explains the requirement for GST-registered businesses to transmit invoice data to IRAS using InvoiceNow solutions via the InvoiceNow network. The guide is relevant for businesses required to comply with...
2 months ago
Taxpayer Application KSeF Update on Test Environment Scheduled for June 20, 2024
Update of the KSeF Taxpayer Application on the test environment Scheduled update on June 20, 2024, from 12:00 to 14:00 Update to version 1.7.0 includes: Generation of a collective identifier for payments Generation of...
2 months ago
Unlocking SAP data management – Key terminologies explained
This article explains the differences between key data volume management terminology – terms like system decommissioning, data archiving, retention management and landscape harmonisation. You may think they are all...
2 months ago
Confirmed: Mandatory KSeF in Poland from February 1, 2026
Polish President Andrzej Duda signed an amendment to the regulations specifying the date for the obligation to use KSeF, with the entry into force planned for July 1, 2024. The initial date for the obligation to use the...
2 months ago
Pakistan e-invoicing and fiscal systems
B2B and B2C requirements being phased in Source vatcalc See also E-Invoicing/Real Time Reporting – What can you find on VATupdate.com Worldwide Upcoming E-Invoicing mandates, implementations and changes – Chronological...
2 months ago
