The European Council has adopted the VAT in the Digital Age (ViDA) package, a major initiative aimed at modernizing VAT systems within the EU, with unanimous approval achieved at the ECOFIN meeting on March 11, 2025...
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ViDA Package gets EU Council nod
Adoption of ViDA Package: On March 11, 2025, EU Finance Ministers adopted the VAT in the Digital Age (ViDA) package, following a political consensus from the ECOFIN meeting in November 2024, aimed at modernizing the...
How to Outsource Sales Tax Compliance for Startups
Let’s take a closer look at the ins and outs of sales tax compliance, why outsourcing this responsibility can be so helpful, and how to choose the right service to streamline your tax management operations. What is...
Council Implementing Decision Authorizing Greece to Impose Mandatory E-Invoicing
Council Implementing Decision (EU) 2025/502 of 5 March 2025 was published in the Official Journal of the EU on 13 March 2025, which authorizes Greece’s derogation from Articles 218 and 232 of the VAT Directive...
Guatemala has released five new electronic tax documents for simplified tax regimes
The Superintendency of Tax Administration (SAT) introduced new electronic tax documents for the “Livestock” and “Primary” tax regimes under Decree No. 31-2024, effective from April 9, 2025. These...
Businesses must comply with E-Invoicing and digital receipt requirements
The Central American state of Belize has given the legislative go-ahead to mandatory e-invoicing and e-receipts. Amendments to General Sales Tax Act have been announced on 28th February 2025 by the Tax Service...
Spain Clarifies Verifactu Regulation for Spreadsheet-Based Invoicing
Spain’s General Directorate of Taxes (GDT) issued a ruling clarifying the application of the Verifactu Regulation. Verifactu requires taxpayers to use certified billing software to ensure the integrity of...
Portugal Postpones B2G e-Invoicing Deadline for SMEs
Portugal has postponed the mandatory B2G electronic invoicing requirement for small, medium, and microenterprises, originally set for January 1, 2025, to a later date. According to Decree-law no. 13-A/2025, these...
Spain Opens Public Consultation on B2B E-Invoicing Mandate
The Ministry of Economic Affairs and Digital Transformation in Spain has initiated a second public consultation on the upcoming B2B e-invoicing mandate to enhance citizen participation in the regulatory development...
Italy Extends B2C Healthcare E-Invoice Ban to 2025
The ban on issuing healthcare e-invoices to natural persons (B2C) has been extended through 2025. This ban applies to those required to send data to the Health Card System for processing the pre-filled tax return. The...
Angola’s E-Invoicing Mandate: A Phased Approach
Angola’s Ministry of Finance is drafting a law to mandate invoicing through certified software that submits real-time data to the General Tax Administration (AGT), requiring electronic invoicing for certain...
Nigeria’s FIRS to Launch Phased E-Invoicing System in July 2025
The Nigerian Federal Inland Revenue Service (FIRS) plans to implement its e-invoicing system in phases starting July 2025, beginning with a pilot phase for selected large taxpayers, aimed at enhancing efficiency and...
HMRC’s Digital Transformation: Modernizing Tax and Customs
On March 11, 2025, the Exchequer Secretary to the Treasury gave a speech. The speech focused on the government’s commitment to modernizing HMRC and the UK’s tax and customs system. HMRC will become a digital...
Slovenia Delays E-Invoicing Mandate to 2027
Slovenia updated its draft law on electronic invoicing. The law is now being passed to the National Assembly for approval. The new version postpones the e-invoicing mandate until January 2027. The reporting requirement...
B2C healthcare e-invoice ban extended through 2025
Extension of E-Invoice Ban: The Milleproroghe Decree 2025, now Law No. 15/2025, extends the prohibition on issuing healthcare electronic invoices to natural persons (B2C) until December 31, 2025, for those required to...
Adopting the GST InvoiceNow Requirement: A Guide for Businesses in Singapore
Introduction of InvoiceNow Requirement: The Inland Revenue Authority of Singapore (IRAS) has released an e-Tax Guide detailing the GST InvoiceNow Requirement for GST-registered businesses, which mandates the digital...
Serbia Pre-Filled VAT Return 2027
SEF e-invoicing to be used for mandatory pre-filled VAT returns January 2026 Serbia is to introduce pre-completed Value Added Tax returns from 1 January 2026. This is based on the 2025 Serbia via Sistem E-Fakturae e...
Latvia’s e-Invoicing Mandate: Five Key Questions
Latvia has introduced mandatory e-invoicing regulations, requiring businesses to adopt structured electronic invoices for compliance with the State Revenue Service (VID). The regulation, set to take effect in 2026, will...
E-Invoicing Ban for B2C Healthcare Services Extended to the End of 2025
Italy has extended the ban on mandatory e-invoicing for B2C healthcare services until 2025 to protect patient data privacy. This means healthcare providers offering services to individual consumers are still exempt from...
EU Council Approves ViDA
The European Council has officially approved the VAT in the Digital Age (ViDA) package, marking a significant shift in the management of VAT across the EU. The reform is adopted on March 11, 2025, and aims to align VAT...
Croatia’s Mandatory E-Invoicing: Public Consultation Open
Croatia is introducing mandatory e-invoicing for B2B and B2G transactions Real-time reporting of domestic transactions is also required Public consultation is open until March 28, 2025 From January 1, 2026, all VAT...
Slovenia Proposes Mandatory E-Invoicing for Businesses
Slovenia published a draft bill on e-invoicing and electronic document exchange. The bill requires businesses to issue e-invoices when transacting with other businesses. Consumers can choose between receiving e-invoices...
KSeF: A Challenge and Opportunity for Polish Businesses
KSeF is a mandatory electronic system for issuing, receiving, and storing invoices in Poland. KSeF will be implemented in phases, starting with large companies in February 2026 and all taxpayers in April 2026. KSeF aims...
Romania Releases Guide on VAT Registration and RO e-Invoice
Romania’s tax authority published a guide on VAT registration and RO e-invoice requirements for public authorities. The guide includes legal provisions regarding VAT registration of public institutions and RO e...
GST InvoiceNow Requirement: Phased Implementation for Businesses
Singapore’s IRAS will mandate GST-registered businesses to transmit invoice data via InvoiceNow-Ready Solutions on the InvoiceNow network, starting progressively. A soft launch begins May 1, 2025, followed by...
The Future of Indirect Taxes to 2030
Technological Transformation: The landscape of indirect taxes is being reshaped by technological advancements such as AI and e-invoicing, which will enhance tax compliance and administration while also posing new...
What is a Tax Engine?
Consumption taxes are a fundamental part of the business landscape, and managing them can be complex, especially with over 12,000 local and state tax jurisdictions in the United States alone. What is a tax engine? Core...
Singapore Issues Update On E-Invoicing Implementation,
The Inland Revenue Authority of Singapore has released an update on the phased implementation of requirements for value-added tax registered businesses to electronically transmit their invoices through InvoiceNow...