Tax Compliance
Croatia’s fiscalization system: Cash transaction monitoring made easier
Croatia was one of the first countries in the world to introduce a real-time reporting system for cash transactions to the tax authority. Known as
Category: Value Added Tax
Value Added Tax
A Brief History of VAT Digitization
VAT accounts for 15-40% of all public revenue globally. We estimate that the global VAT gap – i.e. lost VAT revenue due to errors and
Tax Compliance
Norway’s New 2022 VAT Return: Detailed and Digital
The Norwegian tax authority’s project for modernising VAT, the MEMO-project, has announced a new digital VAT return. It will take effect from the beginning of
Value Added Tax
How to Manage E-Transformation Projects When Deadlines are Set by Government Agencies
When managing any e-transformation project the deadline is determined after careful planning. It should be based on the project scope and consider the available resources.
Value Added Tax
Possible Consequences of not Reviewing Contracts Post-Brexit
Given the complexity of international VAT and the potential risk, pitfalls and associated costs, finance directors are faced with a predicament. Unlike direct taxes which
Value Added Tax
Understanding Mexico’s Miscellaneous Fiscal Resolution for 2021 and its Modifications (Part I)
Mexico introduced changes to the Miscellaneous Fiscal Resolution (MFR) this year. The Miscellaneous Fiscal Resolution is a group of regulations issued by the Mexican tax
Electronic Invoicing
How the World can Meet the Post COVID-19 Automation Challenge
It’s good to see light at the end of the tunnel. Nonetheless, it’s too little, too late for many smaller – but also plenty of
Electronic Invoicing
Breaking News: E-invoicing Scope in India Expanding from 1 April 2021
During the past few months, in the absence of formal clarification, there has been much speculation on whether the Indian authorities would move forward with
Value Added Tax
UK’s Making Tax Digital – 1 April Brings End to Soft Landing Period
Since April 2019, the UK has required the submission of VAT returns and the storage of VAT records to be completed in accordance with the
Value Added Tax
Sovos Strengthens Complete, Connected Tax Compliance in Brazil with Latest Acquisition
For businesses headquartered or operating in Brazil, the constantly shifting Nota Fiscal compliance regulations are a well-known pain point. The Sistema Público de Escrituração Digital
Electronic Invoicing
Albania: Updated CTC System Roll-out Timeline and Further Details Published
Following the introduction of ‘fiscalization’, Albania’s Continuous Transactions Controls scheme (CTC), in early 2020, the Albanian government published more information about the CTC system and
Value Added Tax
OSS and the EU E-Commerce Package: What you need to know about the upcoming changes
The e-commerce package is due to be introduced on 1 July 2021 having previously been delayed from 1 January 2021 due to the COVID-19 pandemic.
IPT
Meet the Expert: Andrew Hocking, VP of Consulting and Compliance Services, Europe
Meet the Expert is a series of blogs to share more about the team behind our innovative software and managed services. As a global organisation
Electronic Invoicing
From Tax Control to Tax Collaboration: Russia’s Pioneering a New Approach
The trend of real-time data collection as a tax control mechanism by tax authorities across the world is not much of a surprise now, quite
Value Added Tax
Advantages of Working with a Global Service Provider
The rapid rise of digitisation continues to transform companies’ business processes. Companies have either begun their digital transformation as a result of compulsory mandates or
Value Added Tax
Transforming your approach to Tax in Brazil Part I: Understanding the Dilemma
Introduction: Brazil is the world’s ninth largest economy and a country with a well-earned reputation of being perhaps the most complex tax environment on Earth.
Value Added Tax
Transforming your approach to Tax in Brazil Part II: A New Journey Begins
Introduction: Brazil is the world’s ninth largest economy and a country with a well-earned reputation of being perhaps the most complex tax environment on Earth.
Value Added Tax
Transforming your approach to Tax in Brazil Part III: Aligning Technology and Partnerships
Introduction: Brazil is the world’s ninth largest economy and a country with a well-earned reputation of being perhaps the most complex tax environment on Earth.