As cross-border commerce grows, understanding VAT (Value Added Tax) compliance for distance sales of goods and electronically supplied services (ESS) is crucial for businesses selling to consumers across Europe and...
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Spain Approves Invoicing Software Specifications for Taxpayers not Using Electronic VAT System
A legal instrument has come into force that imposes the technical, functional and content specifications needed to support invoicing processes and standards for invoicing data formats in Spain.
Source: Orbitax
8 months ago
Costa Rica Establishes New Regulations on Electronic Invoices
Costa Rica published Executive Decree No. 44739-H in the Official Gazette on 8 November 2024. The Decree establishes new regulations on electronic invoices (e-invoices) for tax purposes that update and replace the...
8 months ago
Singapore Publishes Summary of Responses on Draft GST Guide on Adopting InvoiceNow Requirement for GST-registered Businesses
The Inland Revenue Authority of Singapore has published a summary or responses to the draft e-Tax guide on the adoption of InvoiceNow for GST-registered businesses, which is an e-invoicing network…
Source: Orbitax
8 months ago
Update – Latvia Introduces Mandatory B2B and B2G e-Invoicing and Reporting Requirements
Latvia has published the Law on Amendments to the Accounting Law in the Official Gazette. As previously reported, the amendments provide for the introduction of mandatory electronic invoicing (e-invoicing) requirements...
8 months ago
8 months ago
EU 2028 Single Customs Authority; Data Hub; Scraps €150 Customs & VAT Thresholds
This week EU’s Working Parties on customs and tax issues are reviewing the 3 reforms of the proposed 2028 Customs Union reforms to attempt to reach provisional agreement this year. The reforms may be reviewed at the...
8 months ago
France E-Invoicing & E-Reporting Sep 2026 New Fact Sheets & FAQs
The French tax authorities, DGFiP, on 18 November 2024 updated its explanatory guidelines and PDP FAQ’s for the September 2026 B2B e-invoicing and B2C e-reporting mandate.
Source: vatcalc.com
8 months ago
German B2B e-invoicing 2025-28 new FAQ’s
Germany’s Ministry of Finance (BMF) on 19 November 2024 issued new Frequently Asked Questions on first phase launch of its e-invoicing mandate – 1 January 2025.
Source: vatcalc.com
8 months ago
Costa Rica VAT E-invoicing update
Costa Rica’s General Directorate of Taxes (DGT) is updating the technical structures for the issuance of e-receipts. This new version to the regime introduced in 2018, 4.4, includes cells for: non-resident parties;...
8 months ago
Singapore and EU Digital Trade Agreement
Singapore has concluded negotiations for a Digital Trade Agreement with the European Union in July 2024.
Source: SOVOS
8 months ago
E-Bill Obligation for Intra-EU Transactions from 1 July 2030
E-invoice for intra-EU transactions from 1 July 2030. This is what the ViDA package envisages to adapt VAT rules to the digital age. Electronic invoicing will become the default system for issuing invoices (within 10...
8 months ago
VIDA: E-Invoicing and Digital Reporting
After two years of negotiations, the EU member states adopted the ViDA package. ViDA stands for VAT in the Digital Age. With the ViDA package, the EU aims to better equip the VAT system for the digital world we live in...
8 months ago
Costa Rica’s DGT Updates E-Invoicing and Receipts Technical Specifications for June 2025
DGT updating technical specifications for e-invoicing and receipts by June 2025 Costa Rica’s General Directorate of Taxes making changes to technical structures for e-receipt issuance Source: vatcalc.com Note that...
8 months ago
Latvia Implements Mandatory B2B and B2G e-Invoicing and Reporting Requirements
Latvia has introduced mandatory electronic invoicing (e-invoicing) requirements The Law on Amendments to the Accounting Law has been published in the Official Gazette The amendments specify the format and standards for...
8 months ago
Final Resolution on Electronic Invoicing Technical Requirements by Tax Administration
Tax Administration has issued a final resolution on electronic invoicing technical requirements The resolution outlines the specific technical requirements that must be met for electronic invoicing This includes details...
8 months ago
Latvia Mandates E-Invoicing for Business-to-Government Transactions Starting 2025
As of 1 January 2025, Latvian companies must issue structured e-invoices to budgetary institutions E-invoice mandate will extend to all business-to-business transactions from 1 January 2026 Multinational entities...
8 months ago
Mandatory e-Invoicing Changes: What to Expect from the New Project?
New project regarding KSeF has been published by the Ministry of Finance Changes were agreed upon during consultations in 2024 E-invoices will be mandatory from February 1, 2026 Transitional periods are planned for...
8 months ago
Costa Rica Introduces New Technical Provisions for E-Invoices Effective June 1, 2025
New technical provisions for e-invoices in Costa Rica will come into effect on June 1, 2025 Ministry of Finance published a resolution on November 19, 2024 introducing updates for electronic invoices Updates include...
8 months ago
Singapore’s Summary of Responses to Draft GST Guide for InvoiceNow Requirement for Businesses
IRAS in Singapore has published a summary of responses to the draft e-Tax guide on adopting InvoiceNow for GST-registered businesses The guide outlines the requirements for businesses to adopt InvoiceNow for GST...
8 months ago
Singapore’s Response Summary on Draft GST Guide for Implementing InvoiceNow for GST-Registered Businesses
IRAS released a summary of responses to draft e-Tax guide on adopting InvoiceNow for GST-registered businesses Public Consultation exercise conducted from 12 June to 25 July 2024 Received over 400 comments from 60...
8 months ago
OECD FTA Plenary in Athens: Advancing Digital Transformation, Tax Certainty, and Capacity Building
OECD’s Forum on Tax Administration (FTA) held its 17th annual Plenary meeting in Athens, Greece Commissioners focused on improving tax administration globally through pilot projects, global minimum tax...
8 months ago
Singapore’s Response Summary on Draft GST Guide for Implementing InvoiceNow for GST-Registered Businesses
IRAS released a summary of responses to draft e-Tax guide on adopting InvoiceNow for GST-registered businesses Public Consultation exercise conducted from 12 June to 25 July 2024 Received over 400 comments from 60...
8 months ago
Denmark Expands SAF-T Requirement to Include Unregistered ERP Systems
Denmark will expand its SAF-T requirement starting January 1, 2025 The expansion will include entities using unregistered digital ERP systems This is to ensure these systems can generate compliant SAF-T files for secure...
8 months ago
Portugal Extends Recognition of PDF Invoices as “Electronic” Until End of 2025
Extension of PDF Invoices Validity: The recognition of PDF invoices as “electronic invoices” has been extended through December 31, 2025. These invoices must include a QR code generated by certified...
8 months ago
CFDI – Electronic Invoicing in Mexico
Transformation of Tax and Operations Management: The introduction of the CFDI (Comprobante Fiscal Digital por Internet) by the Tax Administration Service (SAT) has revolutionized how companies in Mexico manage tax...
8 months ago
Portugal Delays QES and SAF-T Mandates: What Businesses Need to Know
Extended Deadlines for QES and SAF-T: Portugal’s 2025 Budget proposes new deadlines for the Qualified Electronic Signature (QES) and SAF-T accounting submission, providing businesses additional time to comply with...
8 months ago
How electronic invoicing works in Colombia
Update on Validation of Support Documents for Transactions with Non-Invoicing Entities As of November 10, 2024, support documents for purchases from non-invoicing entities will be automatically rejected if the seller’s...
8 months ago
