Electronic Invoicing
Hidden USMCA Compliance Pitfalls for American Companies in Mexico
As part of the recently updated “new NAFTA,” or USMCA, Mexico is enticing companies to move operations into its maquiladora zone of factories along the
Category: Electronic Invoicing
Electronic Invoicing
A New Countdown to NSO – Italy’s Electronic Purchase Orders Platform
On 27 December 2019, the Italian government issued a decree delaying and establishing new dates for when the NSO platform would go live. The Electronic
E-archiving
“Trends” Report Excerpt: The Consequences of VAT Non-Compliance
The following is an excerpt from “Trends in Continuous Global VAT Compliance,” the 11th edition of the industry’s most comprehensive guide to e-invoicing, e-archiving and
E-archiving
Long-awaited Indian e-Invoicing Legislation Finally Published
For those following the ongoing tax control reform in India, 2019 has been a very eventful year for Indian e-invoicing. Starting last spring, a group
Electronic Invoicing
Greece Establishes Legal Basis for myDATA Scheme and Introduces New E-Invoice Requirements
First legislation of the myDATA The requirement for the mandatory submission of tax data to the Independent Authority for Public Revenue (IAPR) has finally been
E-archiving
New Global VAT Compliance Report Provides Guidance for Multinationals
Companies are dealing with a fundamental shift in the way they do business with trading partners. In a rapidly increasing number of countries, there’s a
Electronic Invoicing
Is Your Business Ready for Turkey’s Digital Tax Transformation?
The value of data is rising The value of data is becoming more precious than oil. Technology has transformed market dynamics across all sectors and
Electronic Invoicing
Will the myDATA Project be Delayed in Greece and Mandatory E-Invoicing be Introduced?
Two months after closing the public consultation on the myDATA scheme, the Greek tax authority, IAPR, has yet to share the feedback received from the
Electronic Invoicing
Central Asia’s Adoption of E-Invoicing Mandates Grows
It’s no longer controversial to say that real-time VAT control initiatives such as e-invoice clearance or real-time reporting are becoming increasingly popular with governments and
Electronic Invoicing
Brazil Implements New E-Invoice Type NF3e
Brazil is often viewed as one of the most complex tax jurisdictions in the world. But, at the same time, it has been very successful
Electronic Invoicing
India Adds Clarity to New E-Invoicing Regime
Following India’s recent public consultation looking at the proposed introduction of an e-invoicing regime, the GST council has now released a white paper on the
E-archiving
Portugal’s New Invoicing and E-Archiving Rules Published But Uncertainty Remains
In February 2019, Portugal published extensive and comprehensive legislation intended to regulate the invoicing processes in a growing digital environment. To this end, the country
Electronic Invoicing
The New Era in Greece’s Tax System
Greece made an important step to digitize its tax system and introduce an innovative platform for taxpayers to fulfil their tax obligations. The new platform
Electronic Invoicing
France Takes First Steps Towards Mandatory B2B Electronic Invoicing
Back in June this year, many heads were turned when the French Minister of Public Accounts and Action, Gérald Darmanin, went on record stating that the French Government has the intention of making e-invoicing
Electronic Invoicing
Extension of Mexican E-invoicing Mandate Puts New Pressure on Maquiladoras
A new wrinkle in Mexican electronic invoicing adds complexity to the e-invoicing process for maquiladoras, or foreign-owned factories operating along the US-Mexico border. Compared to
Electronic Invoicing
Meeting the New Indirect Tax Challenges of Accounts Payable Automation
A substantial number of companies are unaware of the full challenges around tax compliance and their procurement processes. Part of the challenge is that tax
Electronic Invoicing
Countdown to NSO – Italy’s Electronic Purchase Orders Platform
In less a weeks’ time, on 1 October, all purchase orders associated with the Italian National Health System (Servizio Sanitario Nazionale, SSN) will be exchanged
E-archiving
Why Storage of Electronic Invoices in the EU Gets Complicated Quickly
It’s very possible that US companies are breaking laws governing storage of electronic invoices in the EU without realizing they’re putting themselves at risk for