Serbia: Draft Law Introducing Mandatory e-Transport System
The Ministry of Finance in Serbia has released a draft Law on Electronic Goods Delivery Notes introducing the mandatory e-Transport system. The draft law is
Region: EMEA
Democratic Republic of Congo: First Phase of E-invoicing Launched
On 5 September 2024, the Democratic Republic of Congo (DRC) General Directorate of Taxes announced the launch of the first phase of its e-invoicing system,
Estonia: Mandatory B2B E-invoicing Upon Buyer’s Request Approved
The Estonian Parliament has approved amendments to the Accounting Act, introducing, among other provisions, a mandatory B2B e-invoicing obligation, conditional upon the buyer’s request, effective
Nigeria: Plans to Implement Mandatory E-invoicing
The Nigerian Federal Inland Revenue Service (FIRS) has announced its plans to introduce mandatory e-invoicing through a new digital system called FIRS e-invoice. The initiative
Value Added Tax
VAT Snapshot: Global E-invoicing Plans, Proposals and Deadlines
Every quarter, our VAT Snapshot webinar brings you the latest global e-invoicing updates to help your business meet the ever-changing demands of new and evolving
UK: Government Announces E-invoicing Public Consultation
On 23 September 2024, the head of His Majesty’s Treasury announced a package of reforms aimed at improving the United Kingdom’s tax system, which includes
Poland: SAF-T JPK_CIT Possible Postponement
In August 2024, the Polish Ministry of Finance (MoF) adopted a Regulation adding new elements to the JPK_CIT (SAF-T obligation for corporate income taxpayers) and
Greece: Digital Monitoring of Goods in Transport
The Greek authorities have published the awaited legislation (A. 1122 and 1123 of 2024) requiring taxpayers to submit domestic and cross-border transport document data to
Saudi Arabia: New Taxpayer Group in Scope of Phase 2 of e-Invoicing Announced
The Saudi Arabian Tax and Customs Authority (ZATCA) announced the 15th wave of Phase 2 of the e-invoicing initiative. The 15th wave includes taxpayers with a revenue
Value Added Tax
Navigating VAT Audits: Key SAF-T Updates in Romania, Bulgaria and Poland
Tax authorities across Eastern Europe continue to move ahead with SAF-T adoption, with upcoming changes impacting VAT compliance requirements for businesses operating in the region.
Poland: KSeF FAQ Updated
The Polish Ministry of Finance (MoF) has updated its FAQs regarding the KSeF e-invoicing system. The main changes are: The new schema FA(3) will be
Sovos Named as Certified PDP Platform Provider
After vigorous evaluation process, Sovos is among the select group of tax compliance software providers granted PDP status PARIS, August 27, 2024 – Sovos, the always-on
Poland: SAF-Ts Updates (JPK_CIT/JPK_KR) Final Regulation Adopted
On August 16, 2024, the Polish Ministry of Finance (MoF) adopted the final version of the Regulation amending JPK_CIT, which introduces additional data to be
Sales & Use Tax
How Sovos Solves the Five Facets of Global Tax Compliance
Tax and compliance are drivers for business transformation and growth, not just regulatory requirements says Sovos’ Chief Product & Strategy Officer, Steve Sprague. In his recent interview with Americas’ SAP Users’ Group (ASUG)
Value Added Tax
IPT Determination: Achieve More Accurate and Consistent IPT Calculations
Determining and calculating IPT liabilities in various regions can be challenging. Sovos IPT Determination is a compliance software designed to streamline Insurance Premium Tax (IPT)
Value Added Tax
Mastering Cross-Border Trade Compliance: Navigating EU Regulations and Tax Mandates
Cross-border trade requires navigating complex regulations, customs requirements, and tax laws – with compliance being essential to avoid costly penalties. Recent mandates in Romania highlight
Value Added Tax
Slovenia Proposes Mandatory B2B E-Invoicing and CTC E-Reporting
The Government of the Republic of Slovenia has released a draft proposal to implement mandatory e-invoicing and e-reporting for B2B and B2C transactions. This implementation
Events
E-invoicing Exchange Summit
Meet the Sovos team in Prague where Anna Norden, Sovos’ Principal, Regulatory Affairs will be sharing an update on the CIAT Digitalization Classification Matrix. The team will also be waiting to greet you at the Sovos stand to discuss all things e-invoicing.