At the annual European Exchange Summit held earlier this month in Berlin, the organizers surveyed participants on several issues relevant to e-invoicing. One question was
Companies struggling to meet Italy’s electronic invoicing deadline of Jan. 1 will get some relief from financial penalties if they can’t immediately issue invoices at
Is a potential postponement in sight? With Italy’s e-invoicing mandate deadline drawing ever closer, there is growing speculation that a postponement may be in sight.
Tax compliance is moving up the priority list as companies migrate from ECC to S/4HANA and S/4HANA Cloud. Multinationals recognize the inefficiencies of SAP-native compliance
Value-added tax (VAT) gaps take a toll on tax authorities around the world. Errors and tax fraud reduce what governments can invest in services for
Following the introduction of the brand-new Value Added Tax (VAT) regime in January 2018, the Kingdom of Saudi Arabia has also started promoting a national
The Sovos eInvoicing solution for Colombia has achieved SAP certification as powered by the SAP NetWeaver® technology platform. The solution integrates with SAP NetWeaver and
Il 1 Settembre ha segnato il secondo passo in avanti per l’avviamento di massa verso la Fatturazione Elettronica in Italia – in questo caso si
Governments have rapidly adopted digital models to better collect every type of transactional tax, including value-added tax (VAT), goods and services tax (GST), and sales
The CIAT/IOTA Conference taking place next month in Portugal demonstrates the global emergence of a major trend: real-time tax control and enforcement. The conference, which
Christian van der Valk, Sovos vice president of strategy, will speak at the CIAT/IOTA Tax Summit 2018 in Portugal. The show will take place in
During 2017, Mexico made several changes to its eInvoicing framework. In addition to the implementation of CFDI version 3.3, modifications have been made to article
Take Action Learn more about Sovos eInvoicing solutions in Colombia
The recent news about China issuing its first blockchain-based tax electronic invoice, in the southern city of Guangzhou, spread rapidly across the internet. The joint
In June of this year, the Hungary VAT Reporting requirement went into effect. The country’s approach is unlike most other reporting mandates found throughout the
In 2014, Italy announced mandatory eInvoicing for certain business-to-government transactions, and the country has since progressed towards a full eInvoicing requirement. Now, the biggest deadline
Europe is in the midst of a digital transformation, and taxation is one of the key areas of investment. As governments across the EU seek
Italy’s VAT collection problemis driving innovation as it moves to adopt a ‘clearance’ model – a system which has been successful in reducing the VAT