Stakeholder Engagement: Nigeria’s Federal Inland Revenue Service (FIRS) conducted a stakeholder engagement on February 18, 2025, to discuss the upcoming e-invoicing pilot. Introduction of FIRS e-Invoice: The e...
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DSFinV-K Compliant CSV Files for German Cash Registers
Germany requires certified technical security devices for electronic recording systems. Data must be accessible to tax authorities through a digital interface defined by DSFinV-K. DSFinV-K standardizes data structure...
7 months ago
Botswana 2025 Budget Plans Include Increasing Corporate and Personal Tax Rates and Introducing VAT on Digital Trade and E-Invoicing
Botswana’s Minister of Finance delivered the 2025 Budget Speech on 10 February 2025. Tax-related plans noted by the Minister include:
Enacting a new Tax A…
Source: Orbitax
7 months ago
EU VAT Reforms Tracker 2025 to 2035
The EU is undertaking an extended program of reforms to its Value Added Tax regime. This commenced with the 2016 Tax Action Plan, containing over ten reforms included the later separated 1 July 2021 e-commerce VAT...
7 months ago
ViDA Package Adopted by the European Parliament – What Does it Mean for Polish Companies?
The digital reform of the VAT system in the European Union is already imminent. The package of amendments to the EU VAT Directive, referred to as “VAT in Digital Age” (ViDA), was adopted by the European...
7 months ago
UK E-Invoicing: What does the Future Hold?
The UK government has initiated a 12-week public consultation to explore the standardisation and potential mandatory adoption of e-invoicing for B2B and B2G transactions. This initiative, led jointly by HM Revenue &...
7 months ago
Zakat, Tax and Customs Authority (ZATCA) Conducts Tax and Zakat Workshops
On 24 February 2025, ZATCA will conduct virtual workshops on the general concept of customs dispute settlements, and on phase two of e-invoicing (integration phase). On 26 February 2025, ZATCA will conduct a virtual...
7 months ago
Comarch E-Book – E-Invoicing around the world
E-Book: Comarch E-invoicing around the world
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7 months ago
The Impact of Digital Taxation on SaaS and eCommerce
Digital Taxation Overview: Digital taxation involves governments imposing taxes on digital companies that may lack a physical presence in the jurisdiction, addressing challenges posed by traditional tax systems. Key...
7 months ago
UAE e-Invoicing: A New Era of Digital Tax Compliance
Public Consultation on eInvoicing Framework: The UAE Ministry of Finance has initiated a public consultation on its proposed eInvoicing framework, open until February 27, 2025, aiming to enhance VAT compliance and...
7 months ago
Poland’s E-Invoicing Mandate: Key Updates and Compliance Requirements
New Invoicing Mandates: Poland is set to implement new e-invoicing mandates in 2026, requiring businesses to adapt to significant changes in invoicing and compliance processes, with a phased compliance timeline...
7 months ago
Romania Introduces Updates to B2C e-Invoicing System
Mandatory B2C E-Invoicing Requirement: Romania’s mandatory B2C e-invoicing reporting requirement began on January 1, 2025, with new services added to the e-Factura system to assist businesses. New Upload URL: A...
7 months ago
Mandatory Electronic Invoicing and Electronic VAT Reporting
Mandatory B2B Electronic Invoicing: Slovenia has proposed a draft law requiring mandatory B2B electronic invoicing for all taxpayers starting January 1, 2027, applicable to both domestic and cross-border transactions...
7 months ago
UAE Opens Public Consultation on Proposed E-Invoicing Regime
UAE Ministry of Finance opened a public consultation on a proposed e-invoicing regime. The consultation aims to gather feedback on the adopted DCTCE five-corner model e-invoicing system. The consultation document...
7 months ago
9th Conference on Electronic VAT Recording: Practical Examples and Demo
Ninth Conference on Electronic VAT Recording Belgrade, February 25, 2025 Ministry of Finance invites representatives of businesses and other interested parties to attend the ninth conference on February 28, 2025 at...
7 months ago
Malaysia Postpones CTC Mandate for Small Taxpayers
The Inland Revenue Board of Malaysia has postponed the CTC mandate for certain small taxpayers. Taxpayers with annual revenue between RM500,000 and RM25 million must comply by July 1, 2025, with a six-month relaxation...
7 months ago
Singapore GST InvoiceNow: Voluntary E-Invoicing Timeline
Singapore Inland Revenue Authority announced a soft launch of nationwide e-invoicing for all GST-registered businesses under the GST InvoiceNow Requirement. GST-registered companies can voluntarily comply with e...
7 months ago
Malaysia Postpones E-Invoicing Deadline for Micro Businesses
Malaysia delays e-invoicing for micro businesses until January 1, 2026. The government announced a revised timeline for e-invoicing implementation. The delay benefits micro, small, and medium enterprises (MSMEs). MSMEs...
7 months ago
Pakistan Mandates E-Invoicing for Businesses
Pakistan’s FBR requires all registered businesses to electronically link their fiscal devices with the tax agency. Businesses must integrate their sales tax systems with the FBR by February 3, 2025. The new system...
7 months ago
ViDA: What It Means for Polish Companies
The European Parliament adopted the ViDA package, a digital reform of the EU VAT system. The ViDA package includes three pillars that will be implemented gradually from 2028 to 2035. Pillar 1: Single VAT Registration...
7 months ago
Saudi Arabia E-Invoicing Compliance: Making Waves
Phased Implementation: The e-invoicing mandate, overseen by the Saudi Arabian Zakat, Tax and Customs Authority (GAZT), began in December 2021 and is being implemented in phases. Phase 1 requires all resident taxpayers...
7 months ago
ecosio Webinar – E-invoicing in the UK – Insights from HMRC (March 5)
Register HERE What we’ll cover HMRC recently launched a public consultation to establish standards and promote the wider adoption of electronic invoicing across UK businesses and government departments. To explore...
7 months ago
Italy E-invoicing Schema Update: Key Changes Effective April 1, 2025
New Document Type and Tax Regime Code: The updated version 1.9 of the Italian mandatory e-invoicing specifications introduces Document Type “TD29” for reporting omitted or irregular invoices and a new Tax Regime Code...
7 months ago
Malaysia’s Updated Timeline for e-Invoicing Implementation
Postponement of e-Invoicing Deadline: The Malaysian government has extended the e-Invoicing deadline for small and medium enterprises (SMEs) with annual sales between RM150,000 and RM500,000 to January 1, 2026...
7 months ago
US E-Invoicing: Current Status and Future Outlook
E-invoicing is gaining popularity globally, but the US has a decentralized approach. The US e-invoicing system was developed by the Business Payments Coalition (BPC) and the Federal Reserve. The BPC launched the E...
7 months ago
Slovenia’s B2B E-Invoicing Mandate: New Draft Law and Implementation Date
Slovenia proposes mandatory B2B e-invoicing by January 2027. The new draft law aims to combat VAT evasion and improve tax compliance. The implementation deadline is postponed from July 2026 to January 2027. Real-time...
7 months ago
UAE E-Invoicing Mandate: Public Consultation Open Until February 27, 2025
The UAE government has initiated a public consultation on a proposed B2B and B2G e-invoicing mandate, open until February 27, 2025, allowing businesses and stakeholders to provide feedback ahead of implementation...
7 months ago
Saudi Arabia Sets Criteria for E-Invoicing Integration Phase 20
Saudi Arabia’s ZATCA has announced criteria for the 20th wave of the Integration Phase for E-invoicing. The 20th wave includes taxpayers with VAT revenue exceeding SAR 1.5 million in 2022 or 2023. Targeted...
7 months ago
