President signed Act on Value Added Tax (VAT) postponing e-invoicing mandate Mandatory use of National e-Invoice System (KSeF) postponed to February 1, 2026 Originally set for July 1, 2024 Article posted on June 11...
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E-Invoicing in Romania
B2G E-Invoicing Mandatory via the central platform RO-eFactura in XML format following the RO_CIUS specifications. B2B E-Invoicing Currently not mandatory (except for goods with high risk of tax evasion) but possible...
2 months ago
MIRB e-Invoicing SDK 1.0 Updates: Validations, Digital Signature, and New Additions (24 May 2024)
MIRB updated the SDK 1.0 on validations & documentation, digital signature and new additions on 24 May 2024 Updated validations & documentation include amended number of characters of Supplier & Buyer...
2 months ago
Amendment Delaying Implementation Date of KSeF Published: Here is the New Deadline
The obligation to send structured invoices through the National e-Invoicing System has been postponed from July 1, 2024 to February 1, 2026 The amendment to the VAT Act and some other laws in this area was published in...
2 months ago
Treatment of subsidies for VAT; Importance of purpose in payment associated with subsidies.
Changes to the VAT application decree Clarification on the distinction between payment for a service and a non-taxable grant Importance of the purpose associated with payments Example provided regarding a municipality...
2 months ago
The future of French e-invoicing – and why lack of master data ownership is a risk for businesses
The original implementation timetable for mandatory B2B e-invoicing in France has been delayed, with large taxpayers now required to comply by September 2026 and small and medium-sized enterprises by September 2027...
2 months ago
E-Invoicing in Australia: Where We Stand Today
Australia is undergoing a digital transformation in invoicing processes through the adoption of e-invoicing, particularly using the Peppol network. The Australian Taxation Office (ATO) has been promoting the use of the...
2 months ago
Japan Peppol Authority Released PINT 1.0.2
The Japan Peppol Authority has released PINT 1.0.2, an update to the Peppol Interoperability Specifications for e-invoicing. PINT 1.0.2 aims to improve the interoperability and standardization of electronic invoicing...
2 months ago
OIOUBL 3 Delay in Denmark
The release of the OIOUBL 3 Invoice package by the Danish Business Authority has been rescheduled to mid-November 2024 from the previous plan of end of May 2024. This delay will allow the Nemhandel team to conduct more...
2 months ago
Spain B2B e-Invoicing Potential Delay
Spain is progressing with two key initiatives: “Verifactu” focuses on invoicing requirements for smaller enterprises not included in the SII system, and the technical specifications will be outlined in a...
2 months ago
ZATCA Announced the Twelfth Group to Implement the Phase Integration of e-Invoicing
The Zakat, Tax, and Customs Authority has set criteria for selecting establishments in the twelfth group to implement the “linking and integration” phase of electronic invoicing. This group includes establishments with...
2 months ago
Electronic Invoicing in the United States: Interoperable Exchange Network DBNAlliance
EDICOM is now fully operational as an Access Point on the US DBNA network, meeting AS4 protocol requirements and network formats. Additionally, EDICOM has its own SMP, providing a comprehensive service to its clients...
3 months ago
The EU amends proposed VAT rules for the digital age
This article provides an overview of the amended EU “VAT in the Digital Age” (ViDA) proposal, which includes new EU VAT rules for digital reporting requirements (DRR) based on e-invoicing, measures for...
3 months ago
Belgium 2024 eInvoicing Country Sheet
The Belgian legislation transposes EU Directives on eInvoicing, with the use of eInvoices being linked to the willingness of receivers to process them. There are new requirements for eInvoicing in the public sector...
3 months ago
E-Invoicing in Portugal
B2G E-Invoicing Mandatory in CIUS-PT XML format for large companies (> 250 employees) and allowed for SMEs. Will also become mandatory for SMEs on January 1st, 2025. In the meantime, PDF with a QR code (generated by...
3 months ago
The benefits of E-Invoicing – An introduction
E-invoicing is gaining popularity internationally, replacing paper and PDF invoices, especially in B2B and B2G transactions. European legislation has accelerated this shift, mandating e-invoicing in B2G transactions...
3 months ago
E-Invoicing in the Netherlands
In The Netherlands, e-invoicing is allowed and mandatory for transactions with central public administrations, with the preferred method being the Peppol network and the Peppol BIS 3.0 format. Other options include...
3 months ago
A New Era for Business – E-invoicing as the Critical Enabler of Europe’s Digital and Competitive Growth
New research shows that digital tools like e-invoicing are set to boost productivity and competitiveness for Europe’s SMEs. The EU aims to be digital, green, and competitive, with a focus on getting 90% of SMEs to...
3 months ago
The Truth is in the Transaction: How the E-Invoice Ties the Global Economy Together
Tax compliance requires businesses to understand that while they may trust their data, the government does not. Businesses aim for perfect visibility into operations, but good visibility is often sufficient for meeting...
3 months ago
EU Portal Application Unavailability: CBAM (Production) Maintenance on 11th June 2024
EU portal application CBAM will be unavailable on 11th June 2024 Maintenance work will be carried out on the European system CBAM from 19:00 to 23:00 on 11th June 2024 e-Carina will provide updates on the functioning of...
3 months ago
Comarch Webinar – Mastering the E‑Invoicing Mandate Globally with Focus on Asia (June 12)
Register HERE Wednesday, 12 June 2024 19:00 – 19:45 (UTC+02:00) Brussels, Copenhagen, Madrid, Paris Agenda With the increasing frequency of e-invoicing mandates around the world, it is crucial for companies to...
3 months ago
Slovakia’s e-Invoicing Reform: Enhancing Compliance and Streamlining Financial Processes
Slovakia is developing a national e-invoicing system called eFaktúra The system aligns with the European Commission’s “VAT in the Digital Age” initiative Slovakia aims to streamline financial processes...
3 months ago
Boosting VAT Adoption: AI’s Role in Shifting from Direct Taxes to Indirect Taxes
Global switch to indirect tax set for boost from Artificial Intelligence AI can exploit well-defined and curated data to boost indirect tax collections AI-driven algorithms and machine learning techniques can analyze...
3 months ago
Spain’s B2B e-invoicing plan given EU approval
The European Commission has approved Spain’s draft legislation, Ley Crea y Crece, which includes the introduction of mandatory B2B e-invoicing to stimulate economic growth. The regulation aims to address delayed...
3 months ago
E-Invoicing – Choo-choo to compliance
E-invoicing, also known as electronic invoicing, is the exchange of digital documents between a supplier and a buyer. It is a new regulatory requirement imposed by governments that mandates electronic invoicing systems...
3 months ago
Connecting to the U.S. Open Exchange Network (DBNAlliance): Benefits for ERP Systems
The US faces challenges in implementing mandatory electronic invoicing due to the lack of a centralized platform, with over 250 providers and 15 formats across all states. The Digital Business Networks Alliance...
3 months ago
ecosio Webinar: Peppol for Dummies – Understanding the Basics – Recorded session
Click HERE to access the Recorded session of the webinar hosted by ecosio on May 29 on ”Peppol for dummies” What we’ll cover As more and more governments make e-invoicing mandatory, understanding...
3 months ago
2024 Austria 2024 eInvoicing Country Sheet
The “IKT Konsolidierungsgesetz §5” mandates that all federal government contracting partners, including foreign ones, must submit structured electronic invoices for goods and services. In Austria, the...
3 months ago
