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
Category: News
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
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
Electronic Invoicing
Greece myDATA Legislation Updates
New go-live date for myDATA legislation A new roll-out date for the myDATA e-books mandate was announced by the Greek tax authority, the IAPR, during
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:
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
Italy Publishes New Specifications for the FatturaPA
Anyone predicting clearance model e-invoicing system, Italy’s 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
Economic Nexus
New Sales Tax Modernization Being Proposed in Massachusetts
When Massachusetts Governor Charlie Baker issued his Fiscal Year 2021 budget proposal in late January, he proposed several ideas purporting to modernize Massachusetts sales tax
IPT
Brexit, the Saga Continues
The UK officially left the European Union at 11pm BST on Friday 31 January 2020, 10 months later than originally planned due to two negotiation
Global Tax Determination
Despite SAP Delays, the Time to Get Tax Right is Now
With today’s announcement that SAP is extending support for its Business Suite 7 software suite until the end of 2027 many are breathing a sigh
Electronic Invoicing
Sovos Closes Foriba Acquisition, Advancing Mission to Solve Tax for Good™
Sovos officially closed the acquisition of Istanbul-based Foriba. This acquisition represents another significant milestone in our mission and makes it easier for businesses to overcome
News
What the Tennessee Wine and Spirits Ruling Means for DtC Wine Shipping
Supreme Court Rules Against Tennessee’s Discriminatory Residency Requirements After months of waiting by the beverage alcohol industry, the United States Supreme Court published its ruling
News
HRMC Launches Consultation on the Operation of Insurance Premium Tax
Her Majesty’s Revenue & Customs (HMRC) – the UK Government department responsible for the collection of taxes – is undertaking a call for evidence to
News
Sovos Again Named a Top Workplace Based on Employee Satisfaction
Earlier this week, the Star Tribune (Minneapolis, MN) released its annual list of Top Workplaces. The newspaper compiles this list based on employee satisfaction scores
1099
What the Sovos Acquisition of ETM Will Mean for Insurers, Financial Institutions
It’s been quite a week at Sovos. Hours after announcing Sovos’ intent to acquire Foriba, expanding our geographic footprint into Turkey and bringing together the
Electronic Invoicing
With Foriba Acquisition, Sovos Strengthens Position in Modern Tax Software
Today, we announced Sovos will acquire Istanbul-based Foriba, bringing another global pioneer of e-invoicing compliance into the Sovos solution. The Foriba acquisition marks a milestone
News
Poland Dives Deeper Into VAT Split Payments – Mandatory From 1 September 2019
Split payments is one of the methods that European countries with a considerable VAT gap use to tackle it. Across the EU, the VAT gap