Updated Specifications Released: Peppol has published version 1.1.0 of the Malaysian billing specifications, which now include updated guidelines for invoice, credit note, self-billing invoice, and credit note...
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Turkey Implements New Central System for e-Invoices and e-Waybills
The Turkish Revenue Administration has announced a new central application for e-invoices and e-waybills starting December 14, 2024 The new system aims to improve communication between the Sender Unit and the Mail Box...
7 months ago
Who Now Asks for Electronic Invoices in Restaurants?
Since January 1, 2025, electronic invoices are mandatory for transactions between domestic businesses Many business owners are just realizing the challenges of implementing electronic invoicing Electronic invoices are...
7 months ago
Senegal Advances Mandatory e-Invoicing with 2025 Finance Bill to Curb Tax Fraud
Senegal is set to introduce mandatory electronic invoicing for all commercial transactions as part of the 2025 Finance Bill The initiative by the Directorate General of Taxes and Domains aims to combat tax fraud and...
7 months ago
Argentina Implements New E-Invoicing Rules for Foreign Currency Transactions
The Argentine Official Gazette published General Resolution No. 5616/2024 on December 18, 2024, focusing on e-invoicing and voucher issuance procedures The resolution mandates recording the exchange rate on receipts for...
7 months ago
Streamlining Romanian Business Invoicing with e-Factura from 2024
Mandatory e-Factura System: Starting July 2024, businesses in Romania must use the e-Factura system for all B2B transactions. Non-compliance will result in penalties ranging from €1,000 to €2,000, particularly for large...
7 months ago
Ensuring E-Invoice Reception Without Technical Upgrades by 2025
The end of the year is approaching and by 2025 all companies and self-employed individuals must ensure they can at least receive genuine electronic invoices Many are hesitant about the costs of acquiring suitable...
7 months ago
BMF Releases New FAQ List on E-Invoicing Implementation by 2025
The German Federal Ministry of Finance has released a FAQ list for the introduction of electronic invoicing starting in 2025 The list is based on a document from the ministry dated October 15, 2024 It includes...
7 months ago
Estonia’s E-Invoicing Updates: Key Changes for 2025 and Beyond
Mandatory E-Invoicing by 2027: The Estonian Ministry of Finance aims to implement mandatory e-invoicing for domestic B2B transactions by 2027, with legislation expected in June 2025 after public consultations. This...
7 months ago
November 2024 release of A-NZ Peppol v1.0.12 and PINT A-NZ Billing v1.1.0
Peppol Specifications Update: Peppol Authorities released the A-NZ Invoice and Self-Billing specifications v1.0.12 and PINT A-NZ v1.1.0 in November 2024, with mandatory adoption from March 10, 2025, aligning with Peppol...
7 months ago
DGFiP to become Peppol Authority for France
Peppol Authority Announcement: On December 13, 2024, it was announced that France will establish its own Peppol Authority, marking a significant milestone in developing the French Continuous Transaction Controls (CTC)...
7 months ago
Electronic invoicing and reporting in Greece: the myDATA platform
In Greece, the business transaction landscape has been transformed by the introduction of the MyDATA platform, created by the IAPR to digitize invoices and accounting statements. All companies established in Greece and...
7 months ago
OpenPeppol to Act as Interim Peppol Authority for France’s e-Invoicing
Approval of Key Decisions: The OpenPeppol Managing Committee approved Internal Regulations Part II, which sets a standardized foundation for the Peppol Network. OpenPeppol will act as the interim Peppol Authority for...
7 months ago
Italy Advances Customs Processes with Mandatory Digital Declarations System
Italy is implementing a new digital system for customs declarations starting December 2, 2024, for exports and January 21, 2025, for transit Businesses must use this system which involves XML message exchanges with...
7 months ago
FBR Integrates FMCG Sector with Digital Invoicing to Enhance Tax Compliance
FBR integrates FMCG sector with digital invoicing system to enhance transparency and compliance Integration aims to streamline tax collection and improve documentation Sales Tax General Order No 2 of 2024 issued on...
7 months ago
India Lowers Threshold for Mandatory E-Invoicing to INR 10 Crores
India increases the scope of mandatory e-invoicing Starting from 1 April 2025, businesses with annual turnover over INR 10 crores must report e-invoices within 30 days The announcement was made on 5 November 2024...
7 months ago
Indonesia’s e-Faktur System: Revolutionizing Electronic Tax Invoicing
Indonesia’s e-Faktur system is a significant update to the country’s tax and billing processes Managed by the Directorate General of Taxes, e-Faktur aims to increase transparency, efficiency, and compliance...
7 months ago
North Macedonia Considers VAT Exemption Bill for Services and E-Invoicing Procedures
The North Macedonian Assembly accepted Bill No. 08-6043/1/2024 on December 11 for consideration The bill proposes amendments to VAT provisions It includes measures to exempt VAT on services and transactions such as...
7 months ago
Spain’s New Invoicing Software Requirements to Combat Tax Fraud
In Spain, a ministerial order came into effect on October 29th, establishing the technical, functional, and content aspects that billing process computer systems must adopt, as well as the standardization of payment...
7 months ago
Launching e-Tamga for Automated VAT Balance Calculation: Kazakhstan’s Pilot Project
The Committee of State Revenues of the Ministry of Finance of Kazakhstan has developed a draft order for the approval of rules and timelines for implementing a pilot project on automated VAT balance calculation using...
7 months ago
Costa Rica Advances Tax Compliance with E-Invoicing Digitalization
Costa Rica introduced new e-invoicing regulations on November 8th to enhance tax compliance and streamline processes between taxpayers and the General Tax Directorate Key updates include the electronic payment receipt...
7 months ago
New Zealand Introduces Enhanced E-Invoicing Rules for Public Sector
New Zealand Government published additional e-invoicing rules Rules released by the Ministry of Business, Innovation and Employment on 18th November 2024 New rules set payment deadlines at 5 business days for e-invoices...
7 months ago
Draft Report on Amending VAT Rules for the Digital Age Directive
The Committee on Economic and Monetary Affairs discussed a draft report on amending VAT rules for the digital age The Commission introduced the VAT in the digital age package on 8 December 2022 which includes three...
7 months ago
Ireland Advances Towards Mandatory Electronic Invoicing and Enhanced VAT Reporting
Ireland is updating its invoicing and VAT reporting systems The focus is on mandatory electronic invoicing for intra-community transactions Plans include standardized digital reporting and real-time VAT reporting...
7 months ago
Portugal: Extension of PDF Invoices as e-Invoices Until 31 Dec 2025
The Portuguese Parliament approved the State Budget for 2025, confirming that PDF invoices will remain valid as electronic invoices for tax purposes until December 31, 2025. Starting January 2026, businesses will be...
7 months ago
E-Invoicing: Data Scope, Attachments, and Audit Corrections in the Final BMF Directive
The E-Rechnung is a structured electronic data format mandatory in the B2B sector from January 1, 2025 The ZUGFeRD standard, a hybrid invoice format, is likely to become widely used ZUGFeRD offers four compatible...
7 months ago
Implementation of VIDA Package Won’t Alter KSeF Operating Rules in Poland
From February 2026, major Polish companies will be required to issue e-invoices in the KSeF system, with other businesses following in April 2026 Discussions are ongoing at the EU level regarding the VAT in Digital Age...
7 months ago
Adopting Peppol e-Invoicing in Japan: Benefits and Implementation Insights
Japan adopted Peppol BIS Billing 3.0 standard for e-invoicing under its Qualified Invoice System on October 1, 2023 The system allows standardized electronic invoice exchange and ensures compliance with consumption tax...
7 months ago
