Electronic Invoicing
India Amends E-Invoicing Rules
India’s e-invoicing reform has been introduced as a very important step towards digitizing the country´s tax controls. Even though the reform has been under discussion
Category: Value Added Tax
E-archiving
Beyond Tax Reliefs: The Impact of Covid-19 on E-Archiving
The economic impact and consequences of coronavirus are unprecedented as it spreads across different countries. To protect their markets, many countries have reacted by loosening
Tax Compliance
Norway and the Trend to Taxing Low Value Goods
From 1 April 2020, Norway will require non-resident suppliers of “low value” goods to Norwegian consumers to charge VAT on such supplies. Norway is the
Electronic Invoicing
B2B Transaction Automation Platforms: Quantifying the VAT Compliance Advantage
In the past five years, transaction automation platform vendors who embraced e-invoicing and e-archiving compliance as integral to their services grew on average approximately 2.5
Electronic Invoicing
Turkey’s Digital Transformation and E-Invoicing Landscape
For companies operating in Turkey, 2019 was an eventful year for tax regulatory change and in particular, e-invoicing reform. Since it was first introduced in
Electronic Invoicing
Greece Delays myDATA Mandate
New go-live date A new roll-out date for the myDATA e-books mandate was announced by the Greek tax authority, the IAPR, during a recent meeting
News
EU VAT Measures in Response to Coronavirus
Countries worldwide are introducing indirect tax measures intended to mitigate the economic consequences of the coronavirus pandemic. Prospective measures by EU Member States include:
Global Tax Determination
International Tax Changes During the COVID-19 Pandemic
In the last several weeks, we have monitored many efforts by federal, state and local governments to provide relief to both businesses and individual taxpayers
Electronic Invoicing
Poland’s Next Step After SAF-T – Centralized E-Invoice
The expansion of Poland’s new SAF-T report (JPK) barely took effect before Poland is steaming ahead with a more far reaching plan. It aims to
Electronic Invoicing
INDIA: E-Invoicing Reform Postponed Until 1 October 2020
With roughly two weeks to go until the first mandatory phase of the Indian e-invoicing reform was set to go live, the GST Council has
Electronic Invoicing
Italy Publishes New Specifications for the FatturaPA
Anyone predicting Italy’s clearance model e-invoicing system, FatturaPA, would undergo further reform would be right. Agenzia delle Entrate – AdE, the Italian tax authority, has
Electronic Invoicing
Turkey Publishes e-Delivery Application Manual
The Turkish Revenue Administration (TRA) has now published the long-awaited e-Delivery Note Application Manual. The manual clarifies how the electronic delivery process will work and
Tax Compliance
Is India postponing the mandatory implementation deadline for e-invoicing?
For more than a year, India has been on the path to digitizing tax controls, with the first mandatory go-live for transmission of invoice data
Value Added Tax
UK MTD: Ready for Digital Links, or Need a “Soft Landing” Extension?
A keystone of HMRC’s Making Tax Digital for VAT (MTD) regime is that the transfer and exchange of data between what HMRC define as “functional
Electronic Invoicing
Greece Implements CTCs for Retailers with Online Cash Registers
The upcoming tax reform in Greece is expected to manifest itself in three continuous transaction control (CTC) initiatives. The myDATA e-books initiative, which entails the
Electronic Invoicing
Greece Publishes Accreditation Scheme for E-invoicing Service Providers
Certification of e-invoice service providers is an important first step and milestone ahead of the implementation of e-invoicing in Greece. The Greek Government has now
Electronic Invoicing
Italy’s e-invoicing reform: A new FatturaPA
Italy has been a pioneer when it comes to automating e-invoicing processes. It first introduced a B2G e-invoicing system in 2014 which has since evolved
Electronic Invoicing
India: Standardizing Business-to-Business E-invoice Exchange
With little over a month left to go before the first phase of Indian invoice clearance reform goes live, authorities are still busy finalizing the