Poland: updates regarding changes to the JPK_VAT in relation to KSeF
The regulation amending the scope of data included in the JPK_VAT with a declaration (VAT return) in Poland, has now been passed to the Minister
Region: EMEA
Belgium: draft legislation on mandatory B2B e-invoicing now published
The draft legislation on 28 December 2023 introducing mandatory B2B e-invoicing in Belgium has been made publicly available and is now awaiting the Belgian Parliament’s
Electronic Invoicing
VAT Snapshot: Differing Demands of CTCs
As tax authorities continue to digitize processes in their mission to reduce fraud and close their VAT gaps, they are introducing requirements that provide greater
Romania: Amendments to B2B e-invoicing mandate approved
After the implementation of Romania’s new B2B e-invoicing regulations effective January 2024, the country introduced the Government Emergency Order no. 115/2023 with last-minute amendments. The
Saudi Arabia: “Cancellation of Fines and Exemption of Penalties Initiative” extended once again
Saudi Arabian Tax and Customs Authority, ZATCA, extended the “Cancellation of Fines and Exemption of Penalties Initiative” until June 30, 2024. This initiative covers fines
Serbia: Legislative updates in force from January 1, 2024
In the Serbian Official Gazette no. 116 from 26.12.2023, the regulations introducing certain legislative changes were published, namely: Amendments to the Regulation on uniform technical
Poland: Zero VAT Rate on Basic Food Products Extended until March 31, 2024
As published in the Official Journal of Laws on December 9, 2023, the Polish Ministry of Finance has extended the zero VAT rate on basic
Estonia: VAT Rate Change
On January 1, 2024, Estonia’s standard rate of VAT will increase from 20% to 22%. In addition, from January 1, 2025, Estonia plans to increase
Greece: Changes to myDATA & e-invoicing introduced with new tax law
The long anticipated adoption of the tax bill was published in the official gazette on December 11, 2023. Law 5073/2023 (FEK A’ 204) on “Measures
Italy: Road Accident Victims Fund Contributions (RAVF) cancelled for foreign insurers
On December 13, a new legislative decree (No. 184 pf 22 November 2023) was published in the Italian Official Gazette. This decree is transposing the
France: e-Invoicing Implementation Schedule Confirmed
The previously proposed delays to the roll-out schedule of the French e-invoicing mandate should now be considered as finalized, following a push from the French
Poland: Technical Specification on QR codes has been published
The Ministry of Finance has released technical specifications for the KSeF interface in the test environment. This documentation outlines details about QR codes and their
France: National Guarantee Fund Contributions cancelled for foreign insurers
On December 7, a new ordinance (No. 2023-1138 of December 2023) was published by the French Ministry of Economy, Finance and Industrial and Digital Sovereignty.
Romania: Amendments published to B2B e-invoicing mandate
Following the recent enactment of the law implementing the B2B e-reporting and e-invoicing mandate in Romania, a draft amendment has been published by the Ministry
Belgium: legislative process moving forward regarding B2B e-invoicing
On December 8, 2023, at the second reading, The Council of Ministers in Belgium approved a draft law regarding the introduction of mandatory B2B structured
Italy: the 2024 IVASS Management Fee has been published
The Institute for Insurance Supervision (IVASS) in Italy has published the management charge rate for the year 2024. The rate has been increased from 4.26%
IPT
Monaco Insurance Premium Tax: An Overview
Monaco is one of many countries with Insurance Premium Tax (IPT) requirements, specifically the Special Annual Tax and Fire Brigade Tax. This blog provides an
Portugal: Postponement of Qualified Electronic Signature Requirement and Accounting SAF-T proposed
The Portuguese parliament has granted approval for a proposal aimed at delaying the implementation of the qualified electronic signature requirement as a method to establish