The Peppol infrastructure facilitates secure electronic document exchange between businesses and government entities. It consists of Peppol Access Points, Service Metadata Publishers (SMP), Service Metadata Locators...
All Technology Posts
ViDA – Current Status: EU Member States Fail to Reach Agreement Again
The EU Member States failed to reach a political agreement on the VAT in the Digital Age (ViDA) proposal during the Economic and Financial Affairs Council (ECOFIN) meeting under the Belgian presidency on June 21, 2024...
Portugal 2024 eInvoicing Country Sheet
The Ministry of Finance and the Tributary and Customs Authority are responsible for the implementation of eInvoicing in public procurement in Portugal. The governance model is set out in Decree-Law 123/2018 and Order No...
EU ViDA Platform Economy ride & accommodation deemed supplier July 2027
Pillar 2 of ViDA, ride & accommodation platforms becoming deemed supplier for VAT, remains blocked by Estonia
Source vatcalc
Join the LinkedIn Group on ”VAT in the Digital Age” (VIDA), click HERE
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...
5 critical Factors for Smooth eInvoicing setup
5 Critical Factors for a smooth e-invoicing setup in Malaysia From understanding regulatory requirements to selecting scalable solutions, and ensuring your team is well-trained, these insights are crucial for success...
Extending the deadline for applying fines in the Ro e-Invoice system; changes in the field of excise duties: GEO no. 30/2024
The Government Emergency Ordinance (GEO) no. 30/2024 has extended the grace period for the non-transmission of invoices in the national electronic invoice system, RO e-Invoice, until 31 May 2024. Changes to excise...
German Ministry of Finance Drafts Mandatory E-Invoicing Guidance with Transitional Provisions for 2025
Draft guidance issued by German Ministry of Finance on mandatory e-invoicing Introduction of mandatory e-invoicing for domestic transactions starting January 1, 2025 Transitional provisions will be in place BMF plans to...
Belgium mandates B2B e-invoicing from January 1, 2026: Key Details and Implications
Belgium will require B2B e-invoicing from January 1, 2026 Many other European and non-European countries have already implemented e-invoicing The main reasons for this change are administrative simplification and...
The Journey of e-Invoicing in Slovakia: From Directive to Implementation
Slovakia’s e-Invoicing journey is guided by Act No. 2015/2019, aligning with EU standards. The implementation is in progress, with the Information System for Electronic Invoicing (IS EFA) expected to be...
Madagascar e-invoicing mandate
e-facturation Finance Law to introduce centralised e-invoicing platform Source vatcalc See also E-Invoicing/Real Time Reporting – What can you find on VATupdate.com Worldwide Upcoming E-Invoicing mandates...
EU ViDA Single VAT registration Jul 2027 launch underway
Preparations begin for July 2027 Extension of OSS return for cross-border movement of own goods: B2C e-commerce; and B2B call-off stock Source vatcalc Join the LinkedIn Group on ”VAT in the Digital Age” (VIDA)...
Netherlands 2024 eInvoicing Country Sheet
The Ministry of the Interior and Kingdom Relations is responsible for policy making, while Logius is in charge of implementation and maintenance for central government, and RVO serves as the information hub on...
Romania Expands E-Invoicing Mandate to Include B2C Transactions: New Regulation Overview
Romanian Ministry of Finance issued Urgent Ordinance 69/2024 to expand e-invoicing mandate to B2C transactions Current e-invoicing regime in Romania applies to B2G transactions and high-risk B2B sales and goods...
Enhancing VAT Compliance Through Technology: Insights from ATAF Workshop in Kigali
ATAF organized a VAT Workshop in Kigali to address digital age tax challenges Workshop aimed to foster peer-to-peer learning among ATAF member countries Key topics included leveraging modern technologies for VAT...
Belgium Fails to Secure Agreement on ViDA Package; File Passed to Hungary Presidency
Belgium failed to secure unanimous agreement on the ViDA package during the ECOFIN meeting Estonia opposed the current ViDA proposal due to concerns about the deemed supplier regime Belgian presidency proposed measures...
Madagascar Finance Law Mandates Centralised E-Invoicing Platform for VAT Compliance
Madagascar is introducing a centralised e-invoicing platform The Finance Law changes include the introduction of an e-facturation platform The aim is to secure tax receipts, eliminate fraud, and reduce compliance costs...
ViDA proposal once more vetoed during ECOFIN meeting
Estonia vetoed the VAT in the Digital Age (ViDA) proposal for the second time due to concerns about Pillar 2 (Platform Economy) during the recent ECOFIN meeting. The Member States agree on Pillar 1 and Pillar 3 of the...
List of Potential Partner Dematerialization Platform (PDP) Operators in France
Updated June 17, 2024 Including Axway, Comarch, Sovos, Taxera Businesses in France transitioning to electronic invoicing can choose partner dematerialization platforms or the public invoicing portal French Ministry of...
How Corporate Malaysia is Preparing for LHDN e-Invoicing Solution
Malaysia has undergone a digital transformation, including the adoption of electronic invoicing (e-invoicing) to modernize business transactions and meet regulatory requirements. The Lembaga Hasil Dalam Negeri (LHDN)...
Italy 2024 eInvoicing Country Sheet
The Ministry of Economy and Finances and Revenue Agency in Italy has transposed Directive 2014/55/EU and implemented the use of eInvoicing, with a mandatory requirement for receiving and processing by central, regional...
German Ministry of Finance Issues Draft Guidance on Mandatory E-Invoicing Including Transitional Provisions
The German Ministry of Finance has issued draft guidance on mandatory e-invoicing, which will be required from 1 January 2025. The guidance covers new requirements, special questions, e-invoices and input deductions...
Navigating E-Invoicing Regulations in Italy: A Technical Perspective for Compliance and Efficiency
Italy has had e-invoice obligations since 2014, using the SDI system for sending and receiving e-invoices In Italy, e-invoices must be formatted according to the “FatturaPA” standard based on XML Each...
Estonia’s Opposition Leads to Rejection of Belgium’s Final EU VAT Proposal
ViDA package discussed at ECOFIN meeting Estonia opposes deemed supplier regime for digital platforms Package aims to simplify VAT processes through reforms Estonia argues taxing service providers on digital platforms...
Bulgaria’s E-Invoicing Revolution: A Step Towards Digital Excellence in Public Procurement
Bulgaria mandated the use of electronic invoicing (e-invoicing) and adherence to the European standard in public procurement processes B2G e-invoicing rules have been updated, with potential changes for B2B and B2C in...
What is Peppol PINT?
A project was started in late 2019 to create an international invoice model, resulting in the Peppol International Invoicing Model (PINT). PINT is an extension of the Peppol BIS 3.0 standard, aiming to enhance...
E-Invoicing in Saudi Arabia: Understanding Phase 2 and Its Waves
E-invoicing is a key part of Saudi Arabia’s Vision 2030 to modernize its economy. The Zakat, Tax, and Customs Authority (ZATCA) is implementing e-invoicing in two phases: the Generation Phase and the Integration...
Draft bill proposing B2C e-invoicing in Romania published
The Romanian Ministry of Finance has introduced a bill to further expand the country’s e-invoicing mandates, with the final stage of B2B electronic invoicing set to begin in July. The bill proposes a two-staged...
