Electronic Invoicing
Last-Minute Changes to the Proposed India E-Invoicing System
The October deadline is fast approaching for the Indian CTC invoicing mandate, but it remains a moving target. In a swift move that was published
Category: Electronic Invoicing
Electronic Invoicing
Cancellation and Refund Policies for E-Invoice and E-Arşiv Invoice
Taxpayers with annual gross sales of TRY 5 million and above are obliged to use e-invoice or e-arşiv invoice from 1 July 2020. Although the
Electronic Invoicing
Asia: E-invoicing Developments Across the Region
The world has witnessed how several Latin American countries have successfully adopted e-invoices to replace paper versions and close VAT gaps – the difference between
Electronic Invoicing
Turkey: Penalties for Noncompliance with the Mandatory Electronic Document Framework
For rules to carry any real weight, the rule-maker must combine compliance with that rule with either a carrot or a stick. In the field
Electronic Invoicing
Greece: myDATA Law is Published as E-Invoicing Incentives Are Released
myDATA updates On 22 June, the joint Ministerial Decision that sets forth the myDATA framework was published. The decision specifies, among other things, the scope
Electronic Invoicing
E-Delivery Note Usage Scenarios
The General Communiqué no. 509 (communiqué) established the date of transition to the e-delivery note application and the full scope of the mandate. Whilst the
Electronic Invoicing
Key Facts About Turkey’s E-Arşiv Invoice System
The era of paper invoices is coming to an end. With the e-arşiv invoice system, you can issue an electronic invoice, even to non-registered e-invoice
Electronic Invoicing
Greece: Focus on E-Invoicing as MyDATA Bill is Signed
After a period of solid work around the myDATA framework, with little documentation left to implement the entire scheme in Greece, the IAPR has shifted
Electronic Invoicing
India’s E-invoicing Mandate Deadline of October is Looming
Renowned for its diversity, India is taking the same approach to its e-invoicing framework. There have been several changes and new possibilities included in the
Electronic Invoicing
Turkey: Which Documents Can Replace E-Delivery Notes?
From 1 July 2020, all taxpayers with revenue above 25 million TL in 2018 or subsequent years must switch to the e-delivery note system. E-invoice
Electronic Invoicing
Latin America: An Update on E-Invoice Requirements
In the field of global e-invoicing and tax control, most eyes have been focused on trailblazing initiatives in Asia, as countries such as India, Vietnam
Electronic Invoicing
Turkey’s Transition Conditions for E-ledger
On October 19, 2019, the Turkish Revenue Administration (TRA) published a communique making the e-ledger application mandatory for e-invoice users, companies subject to an independent
Electronic Invoicing
Albania’s New Tax Reform: Fiscalization
Following the trailblazing efforts by countries such as Italy, Hungary and Spain, this past year has seen an increase in European countries announcing digital tax
Electronic Invoicing
Deadline Looming for Turkey’s E-delivery Note Mandate – Are You Ready?
Following the successful implementation of the e-invoicing mandate that has gradually expanded its scope, Turkey introduced a new mandate to track the movement of goods
E-archiving
E-Archiving for VAT: Compliance in a Digital World
Compliant archiving of original invoices and similar tax-relevant documents has long been overlooked. As companies gradually made the move to digitize existing paper processes, invoicing
Electronic Invoicing
Finland Expands Adoption of E-Invoicing
Finland’s government already receives over 90% of invoices electronically. Aiming to expand the use of e-invoices in B2B transactions, the country has granted B2B buyers
Electronic Invoicing
Vietnam’s E-invoicing Mandate – Delayed Until 2022
The Ministry of Finance in Vietnam recently presented a draft decree to the Prime Minister for ratification, indicating that the go-live date for mandatory e-invoicing
E-archiving
Turkey Publishes Storage Guidelines for E-Ledger
On 3 April 2020, storage guidelines for e-ledger were published by the Turkish Revenue Authority (TRA). The guidelines set out the requirements and standards for