Belgium has proposed a draft law to introduce mandatory e-invoicing. Invoices must be sent and received in a structured format using the Peppol network. The mandate will come into force on January 1, 2026. It applies to...
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RTCsuite & VATconsult Webinar – E-Invoicing in Belgium – Roadmap to VAT Compliance & Live Demo
Register HERE Webinar hosted by RTCsuite, VATconsult and VATupdate.com Date & Time Selected Sessions: Feb 7, 2024 02:00 PM Description As we navigate through the evolving landscape of business transactions...
7 months ago
E-Invoicing & E-Reporting in the EU
This timeline provides a quick overview of the countries where changes are being implemented, the implementation dates, and the nature of the changes. Use this information to prepare in advance and ensure that your...
7 months ago
E-Invoicing in The United Arab Emirates: E-Billing System scheduled for 2026
The United Arab Emirates government is preparing to introduce B2B e-invoicing by 2026, with a provisional timeline including the publication of e-Invoice Legislation in April 2025, a pilot phase starting in December...
7 months ago
Postponement of Mandatory Implementation of KSeF: New Date Likely to be January 2025
Mandatory implementation of the National e-Invoicing System (KSeF) in Poland has been postponed The new implementation date will depend on the results of an audit of the KSeF system The implementation date is likely to...
7 months ago
Report Reveals Increased US Sales Tax Audits and Global E-Invoicing Growth in 2024
Avalara, Inc. has released its annual Avalara Tax Changes report for 2024. The report covers tax changes in the U.S. and internationally, as well as changes in key industries. The report highlights continued changes to...
7 months ago
India Implements Rule to Block E-Waybills without E-Invoice Details
From 1 March 2024, generating an e-waybill without e-invoice details will no longer be possible in India. This decision aims to address the issue of mismatching information between the e-waybill and the e-invoice...
7 months ago
Navigating the New Era of e-Invoicing in Romania: A Quick Guide for Finance Professionals
The Romanian government is implementing a mandatory e-invoicing system from January 2024. All companies are required to issue and receive invoices electronically through the RO e-Invoice platform. There is a grace...
7 months ago
Electronic invoicing: Bercy unveils the list of candidate operators (PDP)
About forty operators are listed as candidates to become partner dematerialization platforms (PDP), according to the recent publication by the tax administration. This publication is informative and does not, by itself...
7 months ago
Tax incentive for electronic invoicing in Belgium
The Belgian government has proposed a draft law to amend the country’s VAT Code, introducing a business-to-business (B2B) electronic invoicing mandate by January 2026. The aim is to digitalize and speed up data...
7 months ago
Poland announces a further B2B mandate delay
At a press conference on the 19th of January 2024, Poland’s Minister of Finance – Andrzej Domański – announced that the country’s business-to-business (B2B) electronic invoicing mandate will not begin on the...
7 months ago
5 Ways to Become EDI Compliant & Avoid Chargebacks
Since the beginning of time, strong communication and relationship-building have been crucial for any successful business. The digital frontier has only amplified the importance of effective communication, especially...
7 months ago
Webinar Recap: 2024 Tax Compliance Insights: Romania’s SAF-T and e-Invoicing Changes
A heartfelt thank you to everyone who participated in our informative webinar, “2024 Tax Compliance Insights: Romania’s SAF-T and e-Invoicing Changes.” For those who joined us and those who could not, we’ve compiled a...
7 months ago
Pakistan readies centralised e-invoicing and fiscal systems
B2B and B2C requirements being phased in Source vatcalc See also Worldwide Upcoming E-Invoicing mandates, implementations and changes – Chronological Join the Linkedin Group on Global E-Invoicing/E-Reporting/SAF-T...
7 months ago
Ancient Programming Language has the Tax and Customs Administration by the Throat
Seventy percent of all financial transactions are handled by the tax authorities on systems with the 50-year-old programming language Cobol. In the coming years, a huge lack of Cobol specialists looms. This poses new...
7 months ago
Postponement of the E-Invoice Obligation in Poland
The Polish Ministry of Finance announced a postponement of the mandatory e-invoice obligation to July 2024. As a reminder, the Polish e-invoice system, known as Krajowy System e-Fakturr (KSeF), has already been delayed...
7 months ago
Hot Topics: Taxability
Clients often ask us, “How often should we evaluate the taxability of our products?” An annual review should work. Most states change their sales tax rate laws on either Jan. 1 or July 1, by the calendar year or by the...
7 months ago
Aug 2024 phased e-invoicing – May pilot readies
The Malaysian Inland Revenue (LHDN) will launch a pilot in May 2024 with over 50 businesses to trial its new Continuous Transaction Control (CTC) e-invoicing model. This model requires sales invoices (XML) to be sent to...
7 months ago
SET unveils a resolution requiring specific taxpayers to exclusively use e-invoices
The new General Resolution DNIT No. 01/2024 introduces a new category of taxpayers in Paraguay. Newly registered legal entities in the Single Taxpayer Registry (RUC) are now required to use electronic invoices...
7 months ago
Romania Collaborates with Software Providers to Enhance Electronic Invoicing Platform
Romania is making improvements to its electronic invoicing framework in collaboration with software providers. The country launched electronic invoicing obligations for business-to-business transactions from January 1...
7 months ago
Overcoming e-invoicing and e-reporting challenges with SAP DRC expertise
E-invoicing and e-reporting challenges with SAP DRC expertise Different regulations in different countries Data integrity is a challenge Integrating ERP systems can be complicated System security challenges Reconciling...
7 months ago
Mandatory B2B e-invoicing approved by Finance Committee: What does it mean for businesses?
The Finance Committee approved the obligation of e-invoicing. The law will come into effect on January 1, 2026. The obligation applies to most VAT taxpayers. The chosen technical standard is the PEPPOL-bis format and...
7 months ago
Pakistan Introduces Mandatory B2B Electronic Invoicing
The Federal Board of Revenue (FBR) in Pakistan unveiled alterations and stipulations for the electronic billing system on November 10, 2023. These modifications initially target specific consumer goods. In December...
7 months ago
Withdraws Decision to Block E-Waybill Generation in Absence of E-Invoice Details
The Indian tax authority’s previously announced plan to block the generation of e-waybills without corresponding e-invoice details, effective from 1 March 2024, has been withdrawn. In India, it is obligatory for...
7 months ago
The Road to E-Invoicing Mandates in the United States – Part Two
The Business Payments Coalition’s market pilot represents the culmination of years of development to redefine how American businesses manage their invoicing. This article marks the second installment of our two-part...
7 months ago
The Road to E-Invoicing Mandates in the United States – Part One
As technology advances and global commerce evolves, the absence of a nationwide mandate for e-invoicing in the United States becomes a notable characteristic. This is the first installment of our two-part series...
7 months ago
The Role of QR Codes in the Evolution of Invoicing
The significance of QR codes in the modern world is steadily growing – even extending into financial transactions. A seemingly uncomplicated arrangement of black squares deeply impacts data accessibility, breaking down...
7 months ago
What is PEPPOL: Everything You Need to Know
What began as a limited intra-community EU public procurement document interchange project is now rapidly becoming a global invoice and procurement exchange cornerstone. The PEPPOL network is expanding into more and...
7 months ago
