The Federal Board of Revenue (FBR) has made it mandatory for registered businesses to submit their sales tax invoices electronically. A sales tax notification SRO28 has been issued to enforce this decision from Feb 1...
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Serbia’s e-Invoicing Revolution: Leveraging Infinite GIP for Global Compliance
Serbia’s recent e-invoicing mandate, effective from January 1, 2023, is part of a broader initiative to enhance business efficiency and compliance. The implementation of the Serbian e-invoicing system, #SEF...
8 months ago
Italian E-Invoicing Regulation Overview
As of January 2022, the Italian e-invoicing regulation will be extended to cover all B2B invoices, including cross-border transactions. The start date of the new electronic invoicing requirements has been postponed to...
8 months ago
Germany’s Digital Transformation: The Shift to Mandatory e-Invoicing
Germany is transitioning to mandatory electronic invoicing for B2B transactions as part of its broader strategy for economic digitization. This shift aligns with the trend sweeping across Europe, where more countries...
8 months ago
E-Invoicing in Pakistan: Regulations, Challenges, and Opportunities
E-invoicing is rapidly growing, with many countries already advanced in this field. Pakistan has recently introduced new e-invoicing requirements to modernize transaction controls, aiming to increase efficiency, cut...
8 months ago
Electronic Invoicing in the Benelux Region: Latest Updates for Belgium, the Netherlands, and Luxembourg
Benelux, consisting of Belgium, Netherlands, and Luxembourg, is in the process of adopting electronic invoicing. The implementation is already widespread in public administration contracts regulated by European laws...
8 months ago
New SINIEF Adjustment obliges states to adopt NFCom e-invoices
The new SINIEF Adjustment 49/23 requires states to implement NFCom e-invoices for communication services, starting from April 1, 2025. NFCom must be used for charging communication services such as radio, television...
8 months ago
Bolivia announces the seventh group of taxpayers to comply with the Digital Tax Document obligation
Bolivia has announced the seventh group of taxpayers who are now required to issue digital tax documents through the assigned online billing modality. The new obligation will start on July 1, 2024, and taxpayers in this...
8 months ago
Bolivia e-invoicing SFE 2024 update
2024-25 SFE electronic invoicing launch plans 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...
8 months ago
India B2B e-invoicing update
Delayed: B2B e-invoicing with e-way bill issuance requirement Source vatcalc See also Worldwide Upcoming E-Invoicing mandates, implementations and changes – Chronological Join the Linkedin Group on Global E-Invoicing/E...
8 months ago
Business Europe: VAT digital reporting: an urgent need for a common framework
Business Europe published its opinion on the implementation and roll-out of e-invoicing and e-reporting requirements in EU Member States. Most importantly, Business Europe requests EU Member States to ensure that there...
8 months ago
Belgium Takes on Mandatory B2B e-Invoicing: Understanding the New VAT Rules
Belgium is adopting e-Invoicing mandates to reduce the VAT gap and make things simpler and more efficient for businesses. All VAT-registered businesses must start using structured e-Invoices for local B2B transactions...
8 months ago
How Do I Send a Peppol Invoice?
PEPPOL is an international network for exchanging electronic documents, including e-invoices. It provides a systematic process for sending e-invoices, which involves creating a profile, choosing an access point...
8 months ago
Spain Implements Regulations on Invoicing Software and E-Invoicing Systems to Prevent Fraud
Spain has published regulations on invoicing software and e-invoicing systems The regulations provide guidance on the operation of the new requirements for B2B transactions to prevent fraud The regulations set out...
8 months ago
Belgium Proposes B2B E-Invoicing Requirement, Following B2G Implementation
Legislation tabled in Belgium’s parliament for B2B e-invoicing requirement Proposed requirement to issue and receive electronic invoices for B2B transactions from January 1, 2026 Exemption for supplies liable to...
8 months ago
Belgium’s Mandatory B2B e-Invoicing: Simplifying VAT Rules for Businesses
Belgium is adopting e-Invoicing mandates to reduce the VAT gap Initially, e-Invoicing was planned to be introduced slowly, but now all VAT-registered businesses must use structured e-Invoices for local B2B transactions...
8 months ago
FBR Makes Digital Invoices Mandatory for FMCGs Starting Feb 1
The Federal Board of Revenue (FBR) has mandated the issuance of digital sales tax invoices for sellers dealing in fast-moving consumer goods (FMCGs). The FBR has outlined the categories of entities that are required to...
8 months ago
Non-transactional movements of own goods in KSeF: How to document the transfer between Polish and German warehouses?
From 1 July 2024, the movement of own goods between Polish and German warehouses will require the issuance of an invoice in the KSeF system. This decision contradicts the current practice of not issuing invoices for non...
8 months ago
Mexico: Extension for Correcting Payroll Electronic Invoices (CFDI) for Fiscal Year 2023
Tax administration announced provision for payroll electronic invoices in Mexico for 2024 Taxpayers can correct errors or omissions in payroll CFDI issued in 2023 before 29 February 2024 New payroll CFDI will be...
8 months ago
Changes to Tax and Invoicing Regulations in Romania from 2024
Non-resident taxable persons in Romania must upload invoices to the RO e-factura platform within 5 days of issue Companies subject to VAT in Romania must issue and transmit invoices exclusively via the RO e-factura...
8 months ago
Spanish e-Invoicing mandate likely be to introduce in the summer of 2025
Spanish authorities planned to implement a B2B electronic invoicing obligation by January 2025, but the legislation has not been officially introduced due to recent government events. The introduction of the obligation...
8 months ago
The Current State of E-invoicing Mandate in Malaysia: What You Need to Know
An increasing number of nations are embracing e-invoicing, and this transition is making waves across the EU and Asia. Malaysia is undergoing a significant shift towards mandatory electronic invoicing to support...
8 months ago
Act on the mandatory KSeF – what changes have already entered into force?
The VAT Act introduces mandatory KSeF, effective from July 1, 2024, with some smaller changes effective from September 1, 2023. The changes include simplification of advance payment invoices, new requirements for...
8 months ago
Key considerations when implementing E-Invoicing in Poland
Timeline What is the timeline of the E-Invoicing mandate in Poland Q&A published by the Polish tax authorities Topics Stages of implementation of KSeF. Use our instructions! Some groups can delay E-Invoicing...
8 months ago
Permanent place of business and KSeF
The previous article discussed entities required to implement KSeF, including fixed establishments (FE) in transactions subject to KSeF reporting. The definition of a permanent establishment is regulated by EU...
8 months ago
GST authorities drop plans to enforce stricter e-way bill norms
The Goods and Services Tax (GST) authorities have dropped a plan to block generation of goods transportation permits, or e-way bills, from 1 March for companies that fail to produce ‘e-invoices’ for their wholesale...
8 months ago
Transactions and documents: which ones are mandatory in KSeF?
KSeF will cover transactions between taxpayers, both domestic and international, including those subject to reverse charge. It will also cover sales made by foreign taxpayers with a permanent place of business in Poland...
8 months ago
Poland B2B KSeF e-invoices July 2024 – non-residence guidance
July 2024 KSeF e-invoicing launch – Ministry of Finance to provide non-resident guidance Source vatcalc See also Worldwide Upcoming E-Invoicing mandates, implementations and changes – Chronological Join the Linkedin...
8 months ago
