Last update: November 29, 2024 E-Invoice Obligation: Starting from July 1, 2025, sellers in Estonia must provide an e-invoice if the buyer is registered as an e-invoice recipient in the Commercial Register, using the...
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E-Invoicing Mandate in Latvia by 2025
Latvia has approved an e-invoicing mandate for B2G (Business-to-Government) transactions to be implemented by January 1, 2025, and for B2B (Business-to-Business) transactions by January 1, 2026, as part of its strategy...
Artificial Intelligence In Brazil Tax Authority
Tax Administrations (TAs) are increasingly adopting artificial intelligence (AI) to enhance efficiency and effectiveness, with over 54% of TAs utilizing AI and machine learning in their operations, as highlighted in the...
Updates to Italy’s Invoice Data Reporting
Italy will soon allow the use of software solutions for the electronic storage and transmission of daily receipts data (corrispettivi giornalieri), following approval from the European Commission, as an alternative to...
Saudi Arabia’s Seventeenth Wave of E-Invoicing Mandate
On November 1, 2024, the Zakat, Tax and Customs Authority (ZATCA) announced that businesses with annual VAT revenue exceeding SAR 2.5 million (approximately EUR 616,000) in 2022 or 2023 are required to comply with Phase...
Electronic Invoicing in Mexico: CFDI 4.0 and Recent Updates
Electronic invoicing in Mexico, mandated by the Tax Administration Service (SAT) through the Comprobante Fiscal Digital por Internet (CFDI), is essential for businesses to manage tax obligations and streamline...
India Implements 30-Day Reporting Window for E-Invoices Starting April 2025
The Indian Goods and Services Tax Network has announced an update to e-invoicing regulations, effective April 1, 2025, requiring taxpayers with an annual aggregate turnover of INR 10 crore (approximately EUR 110,000) to...
Greenland to Implement E-Invoicing for Public Sector Starting 2025
The Government of Greenland has announced that mandatory e-invoicing for all public sector transactions will take effect on March 1, 2025, requiring both legal and natural persons to submit digital invoices when...
Argentina Extends Timeframe for MiPyMEs Electronic Credit Invoices
The Secretariat for Small and Medium Enterprises (MiPyMEs) in Argentina has extended the acceptance and rejection period for Electronic Credit Invoices (FCE) under Resolution 480/2024, allowing businesses from November...
Mandatory e-invoicing on the horizon in Bosnia and Herzegovina
The Draft Law on Fiscalization of Financial Transactions in the Federation of BIH, published on November 12, 2024, aims to combat tax evasion and unfair competition by introducing mandatory e-invoicing for the B2G, B2B...
Estonia plans to roll out mandatory e-invoicing from 2027
On December 3, 2024, the Estonian Ministry of Finance proposed amendments to the VAT Act, including the elimination of the €1,000 threshold for declaring taxable transactions and the introduction of mandatory e...
Version 4.4 of electronic receipts becomes mandatory on June 1, 2025
On November 19, 2024, the Costa Rican Ministry of Finance published Resolution MH-DGT-RES-0027-2024 in the Official Gazette, introducing Version 4.4 of Electronic Receipts, which includes updated technical provisions...
From SII to Veri*factu: E-invoicing and e-reporting obligations of non-resident companies operating in Spain
Non-resident companies operating in Spain must become taxable persons liable for Spanish VAT or IGIC if their transactions occur within the Spanish territory, triggering formal obligations for VAT compliance, including...
Key Takeaways from the E-Invoicing Exchange Summit APAC 2024
The E-Invoicing Exchange Summit APAC 2024, held in Kuala Lumpur from November 25 to 27, gathered over 150 participants from 20 countries, featuring workshops, presentations, and panel discussions focused on digital...
VAT In Europe: Key Reforms And Changes Coming In 2025
E-invoicing Mandates: E-invoicing is being standardized across Europe, with the EU’s VAT in the Digital Age (ViDA) reforms mandating real-time digital reporting for cross-border trade by July 2030. Member states...
Electronic invoicing: the DGFIP updates its information sheets!
Source entreprendre.service-public.fr Unofficial translation Asof September 1, 2026, companies established in France and subject to VAT will have to accept electronic invoices. The mandatory issuance of electronic...
E-Invoicing in France – FAQs – Unofficial translation in English
Source impots.gouv.fr Unofficial translation in English General Presentation of Electronic Invoicing Why generalize electronic invoicing? Since January 1, 2020, all French companies are required to send their invoices...
FAQ: Mandatory E-Invoice Implementation from January 1, 2025 – Answers to Common Questions
Mandatory E-Invoicing Introduction: Starting January 1, 2025, electronic invoices (e-invoices) will be mandatory for transactions between domestic entrepreneurs in Germany as per the revised regulations in the Growth...
Estonia to Implement Mandatory E-Invoicing by 2027 Following VAT Act Amendment
Estonia aims to implement mandatory e-invoicing by 2027 The Ministry of Finance submitted proposals on December 3, 2024 The proposals are for developing a bill to amend the VAT Act Source: fin.ee Note that this post was...
Estonia Proposes New Measures to Enhance VAT Collection Efficiency
The Estonian Ministry of Finance proposed measures on December 4 to enhance VAT collection The proposal suggests removing the 1,000 euros threshold for declaring transactions requiring all invoices to be declared in a...
Further Delay in VAT Changes for Associations Under DL 146/2021 Expected
The guide titled Electronic Voucher Accounting Data Standard Pilot Operation Guide has been updated The update is in response to directives from the Ministry of Finance and other departments The new version is called...
Final Wave of Taxpayers to Join DGI’s E-Invoicing Portal by 2024
The last group of taxpayers will join the Directorate General of Taxes e-invoicing portal CFE The deadline for joining is 31 December 2024 Source: vatcalc.com Note that this post was (partially) written with the help of...
2025 Update: Precise M Sheet Filling and Digital VAT Reporting Changes
From 2025, companies must adapt to changes in domestic summary reports known as M sheets The autumn tax package mandates more accurate data provision to the Tax Authority for domestic transactions The ViDA package, VAT...
Amendments VAT Law Effective 2025: New preliminary VAT return system as of 2026, ….
Amendments to VAT Law: The Serbian Parliament adopted amendments to the VAT Law, effective from December 15, 2024, with application starting January 1, 2025. Changes include a new preliminary VAT return system starting...
Electronic Invoicing: incorporation of other VAT taxpayers
Mandatory E-Invoicing Deadline: Resolution No. 2548/2023 set December 31, 2024, as the deadline for all remaining VAT taxpayers in Uruguay to join the Electronic Invoicing regime. From January 1, 2025, all VAT taxpayers...
E-Invoicing & E-Reporting developments in the news in week 49/2024
Click HERE for the PODCAST version discussing ”E-Invoicing & E-Reporting developments in the news in week 49/2024” Follow the latest updates on E-Invoicing and Real Time Reporting on www.vatupdate.com and...
Estonia Proposes Mandatory E-Invoicing for B2B Transactions Starting 2027
Starting from July 2025, Estonian taxpayers will be required to issue e-invoices upon the buyer’s request to promote the wider adoption of e-invoicing, with goals of enhancing transparency, reducing fraud, and improving...
Spain’s Mandatory E-Invoicing and Certified Billing Systems: A Regulatory Overview
Digitalisation has transformed company process management with e-invoicing enhancing administrative and fiscal operations Spain is moving towards mandatory e-invoicing for all companies to boost transparency, reduce...
