Romania will enforce mandatory electronic invoicing for all B2B transactions from January 1, 2024. This applies to both resident businesses and non-residents registered for VAT in Romania. A three-month grace period...
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The Netherlands is revolutionizing public procurement with peppol and ViDA
The Netherlands has made significant progress in the digitalization of public procurement, introducing electronic orders through Peppol. This initiative simplifies and accelerates transactions for suppliers working with...
9 months ago
Poland publishes two draft acts on e-invoicing via KSEF
The Polish Ministry of Finance has released two draft regulations for the implementation of e-invoicing via KSEF. The regulations are set to take effect on July 1, 2024, with the exception of the provision for VAT...
9 months ago
Tax Tech: To build, or not to build
Indirect tax technology is an important aspect of global business operations. The decision to buy or build tax technology often arises when companies need to address their global tax technology needs. In the past...
9 months ago
What is an API?
API stands for Application Programming Interface, and is the interface which enables digital access to information or business processes. API integration ensures that data from a wide variety of sources are collected...
9 months ago
Recent legislative update for mandatory e-invoicing
The German upper house of parliament, the Bundesrat, has rejected the Growth Opportunities Act, which includes changes to VAT law regarding e-invoicing and other tax measures. Germany is in the process of implementing...
9 months ago
E-invoicing without prior approval from tax authority
The NBR has released an updated edition of the VAT General Guide, allowing VAT-registered individuals or entities to issue and manage electronic VAT invoices without prior approval. The implementation timeline for the...
9 months ago
API monetization: what strategy works best?
Around 37% of respondents in a major marketplace survey of the French market have defined a monetization model for their digital products. However, it should be noted that a third of this percentage have chosen a free...
9 months ago
German e-invoicing mandates: Deutschland Xrechnung
In Germany, e-invoicing is currently required for B2G (Business-to-Government) transactions, and a B2B (Business-to-Business) mandate has also been proposed starting in 2025. The German B2G e-invoicing mandate is...
9 months ago
Start of public consultations on the KSeF system obligation
The Polish government is seeking public comments on proposed changes to the KSeF system, including the generation of QR codes, offline invoicing, and KSeF authorization. The public consultations will be open until...
9 months ago
Estonia’s Ministry of Finance Proposes B2B E-Invoice Options in Upcoming Accounting Act Amendment
Estonia’s Ministry of Finance introduced an amendment to the Accounting Act in 2017, mandating the use of e-Invoices in B2G transactions. These electronic documents must be generated in an XML-based format and can...
9 months ago
Webinar – Recording – E-Invoicing in Spain
Watch it HERE
Source Ecosio
See also Worldwide Upcoming E-Invoicing mandates, implementations and changes – Chronological
Join the Linkedin Group on Global E-Invoicing/E-Reporting/SAF-T Developments, click HERE
9 months ago
VAT Changes in Germany’s Tax Reform Bill and Future Financing Law: Impact on Businesses
The lower house of the German Parliament passed a tax reform bill that includes changes to VAT. The changes include mandatory use of electronic invoicing, VAT on supplies of gas and heat, and simplification of certain...
9 months ago
French Senate Approves Earlier E-Invoicing Timeline for Large Firms
French Senate approves amendment to Finance Bill for new timetable for e-invoicing requirements Originally, all businesses were to start accepting electronic invoices from July 1, 2024 Mandatory e-invoicing for 300...
9 months ago
French Senate Approves Amendment for Earlier E-Invoicing Implementation for Large Firms
French Senate approves amendment to Finance Bill for new timetable for e-invoicing requirements Originally, all businesses were to start accepting electronic invoices from July 1, 2024 Mandatory e-invoicing issuing...
9 months ago
End of Connections via Federal Token for E-Services from January 31, 2024
From January 31, 2024, the “code via token” digital key will no longer be available to access online government services. If you already have another digital key (eID, itsme®, security code via email or...
9 months ago
Planned Unavailability of eDavki and G2G Services, 2nd – 3rd December 2023
Planned unavailability of eDavki and G2G services on 2-3 December 2023 Upgrade of eDavki postponed to Saturday due to network issues Services will not be available from Saturday, 2 December 2023, 8:00 AM to Sunday, 3...
9 months ago
Worldwide updates on E-Invoicing/Real Time Reporting/SAF-T in November 2023
Worldwide Upcoming E-Invoicing mandates, implementations and changes – Chronological Timeline of B2B E-Invoicing & E-Reporting mandates in the European Union Join the Linkedin group on ”Global E-Invoicing/E...
9 months ago
When is issuing e-invoices mandatory?
From January 1, 2022 to June 30, 2024, issuing e-invoices is voluntary. The supplier can choose to issue e-invoices or not during this period. There is no obligation and it does not require the purchaser’s consent...
9 months ago
Webinar – Recording – E-Invoicing in Poland
Watch it HERE
Source Ecosio
See also Worldwide Upcoming E-Invoicing mandates, implementations and changes – Chronological
Join the Linkedin Group on Global E-Invoicing/E-Reporting/SAF-T Developments, click HERE
9 months ago
EHF Requirements for Tax Payment and Invoicing in Uzbekistan
The State Tax Committee of the Republic of Uzbekistan has not received the EHF (Electronic Invoice) from our counterparty. They are requesting the submission of the EHF for the calculation of the QQS (VAT) payment. If...
9 months ago
E-Payment Mandatory for VAT Deposits of Tk 10 Lakh and Above in Bangladesh
E-payment will be mandatory for depositing VAT of Tk 10 lakh and above in Bangladesh. Previously, firms had to deposit net VAT of Tk 50 lakh or higher through e-payment. The number of VAT registered entities with high...
9 months ago
German Federal Council Rejects New Draft for Mandatory Electronic Invoicing, Implementation Expected by 2025
The German Federal Council has rejected the new draft for mandatory electronic invoicing for B2B transactions in Germany. The eInvoicing rules are expected to apply from 2025. Most German businesses will be affected by...
9 months ago
Difficult Progress of VIDA in the Digital Age: Negotiations and Implementation Challenges
Negotiations on certain parts of the proposal for VAT rules for the digital age (VIDA) are difficult Differences between member states on the level of harmonization regarding digital reporting obligations and e...
9 months ago
ViDA doesn’t achieve political agreement in 2023
The EU’s VAT in the Digital Age 3-pillars of reforms will not achieve final agreement by EU Finance Ministers this year as planned. This means it passes from the current Spanish to the Belgian presidency of the EU...
9 months ago
Advancing the Technology Landscape: RTC’s OEM Partnership with SAP
RTC has become the first SAP OEM Partner in Turkey, marking a significant milestone in their efforts to enhance technological capabilities and client services. The partnership provides RTC with full access to SAP BTP...
9 months ago
Difficult progress Vat in the Digital Age
Negotiations on certain parts of the proposed VAT rules for the digital age (VIDA) are proving difficult. Minister Kaag will send the Senate and House of Representatives the agenda of the Eurogroup and Ecofin Council of...
9 months ago
R&D relief as support for the implementation of KSeF
The National e-Invoice System, which requires the use of structured invoices, will become mandatory on July 1, 2024. Some companies are already adapting their accounting programs to issue e-invoices and are wondering if...
9 months ago
