New draft regulation amending JPK_VAT with a declaration published on 31st May 2024 Amends data included in JPK_V7M and JPK_V7K returns New timeline: 1 Feb. 2026 to 1 Jul. 2026 for no obligation to include KSeF unique...
All Technology Posts
ZATCA Criteria for Targeted Taxpayers in Wave 12 for E-invoicing Integration Phase
ZATCA determines criteria for selecting targeted taxpayers in Wave 12 for E-invoicing Integration Phase Twelfth Wave includes taxpayers with VAT revenues exceeding SAR 10 Mn in 2022 or 2023 Targeted taxpayers must...
3 months ago
Over NT$2.75 Billion in Prizes: Unified Invoice Winners and Cloud Invoice Exclusive Rewards
Total prize money for cloud invoices and electronic invoices in the March-April 113 period exceeded NT$2.75 billion Special prize number for the Unified Invoice in May 113 was “44140251” 109 lucky winners...
3 months ago
Choosing the Right Sales Tax Automation System: 4 Key Considerations
Sales tax automation systems help manage continual changes in sales tax rates and rules Implementing a sales tax automation system can prevent costly mistakes and human errors Selecting the right sales tax automation...
3 months ago
Text of the E-Invoicing Regulations (2024)
The Kenyan National Treasury and Economic Planning has repealed the 2023 version of Electronic Tax Invoice Regulations and introduced the 2024 version, which incorporates various updates. The new regulations provide...
3 months ago
E-Invoicing in Spain
B2G E-Invoicing became mandatory in Spain on January 1, 2015, requiring all suppliers to public entities to issue invoices electronically. The central platform “FACe” and the standardized...
3 months ago
Four steps to take now to meet the evolving e-invoicing regulations
In brief E-invoicing is set to transform the way businesses interact with tax authorities. Multinational businesses need a joined-up, cross-border approach to meet evolving regulations worldwide. Companies have an...
3 months ago
Colombia’s DIAN Cracks Down on E-Invoicing Non-Compliance with Increased Audits and Inspections
Colombian tax authority (DIAN) increasing audits and inspections for e-invoicing due to non-compliance Businesses facing closure or fines for not issuing or delivering e-invoices properly 355 businesses penalized in...
3 months ago
Update of SSL certificate for JPK test environment
SSL certificate for the test environment of the JPK service has been updated The updated SSL certificate was issued on June 3, 2024, for test-e-dokumenty.mf.gov.pl The new certificate is valid from June 3, 2024, to June...
3 months ago
Transitioning to Mandatory E-Invoicing: Belgium’s Fiscal System Updates and Requirements by 2026
E-invoicing in Belgium is transitioning from voluntary to mandatory phases B2B e-invoicing will be mandatory starting January 1, 2026 B2G e-invoicing has been mandatory since January 1, 2022 for transactions with...
3 months ago
Upcoming Changes in Portugal: Future Deadlines for Fiscalization and E-Invoicing Regulations
Future deadlines in Portugal regarding fiscalization, e-invoicing, and other invoice-related rules Changes summarized as follows: 1/1/2025: Electronic invoices in PDF format must include a digital signature 1/1/2025:...
3 months ago
Estonia Blocks ECOFIN Council Agreement on VAT in Digital Age Package: Dutch Minister Reports
Dutch Minister of Finance reported on ECOFIN Council meeting regarding VAT in the digital age package Belgian Presidency hoped for agreement on entire package during meeting Estonia objected to proposal, specifically...
3 months ago
Saudi Arabia’s Twelfth Wave of VAT E-Invoicing Integration: Selection Criteria and Key Dates
The Saudi General Authority of Zakat and Tax (GAZT) announced the criteria for the twelfth phase of integrating taxpayer VAT e-invoicing systems with the Fatoora platform. Source: globalvatcompliance.com Note that this...
3 months ago
KTBA Raises Concerns Over FBR Portal Glitches Hindering Sales Tax Registration Process
Karachi Tax Bar Association (KTBA) raised concerns about technical glitches on the FBR portal hindering sales tax registration New regulations under Rule 5 of the Sales Tax Rules have imposed additional restrictions on...
3 months ago
Zambia Mandates E-Invoicing for VAT-Registered Taxpayers
Zambia will require e-invoicing for VAT-registered taxpayers The new requirement aims to improve tax compliance and reduce fraud Taxpayers will need to use approved electronic systems for invoicing The implementation...
3 months ago
EN16931 standard: overview of electronic invoice compliance
Contents What is the EN16931 standard? What is an invoice compliant with the EN16931 standard? The contents of the basic invoice template What are the criteria that the EN16931 standard must meet? Source Symtrax.com See...
3 months ago
Introduction into Tax@SAP S/4HANA: General tax set-up (Part 1)
Our series on Tax@SAP S/4HANA discusses general tax set-up issues that a tax department should be aware of during its S/4HANA journey. The second article covers the SAP implementation approach, including SAP Activate...
3 months ago
Companies will be fined at ANAF controls and for invoices prior to May 31 that are missing from the e-Invoice system
Companies were exempted from fines for failing to upload invoices in the e-Invoice system between January 1 and May 31, 2024. However, they will be sanctioned for invoices from that period if ANAF subsequently requires...
3 months ago
KSeF may threaten trade secrets and violate the GDPR
The obligatory National e-Invoicing System will enter into force on 1 February 2026. Entrepreneurs indicate that it is to contain, among m.in, information constituting a strictly guarded trade secret of each company...
3 months ago
ecosio Webinar – Partner Opportunities: E-invoicing (June 6, 2024)
Register HERE Thursday, 6. June 2024 10:00 AM – 10:40 AM With more and more countries introducing strict e-invoicing regulations, implementing a futureproof e-invoicing solution is becoming a priority for...
3 months ago
E-Invoicing in Finland
Finland was an early adopter of Peppol, implementing a B2G e-invoicing mandate in 2019 for central public administrations and extending it to all B2G transactions in 2020. Since 2021, all B2G and B2B e-invoices must...
3 months ago
Finance specialists need to prepare for EU ViDA regulations
Business controllers need to review their master data records and billing systems and plan to close potential gaps to comply with the new EU regulations with the Digital Age VAT (ViDA) reforms. The European Commission...
3 months ago
Mandatory Electronic Invoicing in Zambia
Starting July 1, 2024, Zambia will require businesses to use the Smart Invoice electronic billing system introduced by the ZRA, replacing the current Electronic Fiscal Devices (EFD). Smart Invoice will transmit invoice...
3 months ago
How to send PDF invoices legally in Portugal
From December 31, 2024, PDF invoices in Portugal must have a qualified electronic signature to be considered valid. This requirement is mandated by Article 12 of Decree Law No. 28/2019, which also allows the use of a...
3 months ago
Draft law on the use of e-invoicing submitted for public consultation
The Ministry of Finance has proposed amendments to the Accounting Law requiring all companies in Latvia to issue structured electronic invoices for products or services starting from January 1, 2026. From January 1...
3 months ago
E-Invoicing in Australia
The Australian Taxation Office (ATO) has been promoting the Peppol network to encourage public entities to move to electronic invoicing. Many public administrations accept e-invoices in Peppol BIS 3.0 format, with plans...
3 months ago
E-Invoicing in Denmark
B2G E-Invoicing Mandatory via the Peppol network or the national NemHandel platform, either in Peppol BIS 3.0 or in OIOUBL format. B2B E-Invoicing Not mandatory yet. Will progressively become mandatory between 2024...
3 months ago
The Role of ERP Integration Services in Achieving E-Invoicing Compliance in the U.S.
The US is gradually shifting towards e-invoicing to reduce costs and improve efficiency by sending and receiving electronic invoices. However, achieving e-invoicing compliance can be complex, especially for...
3 months ago
