Estonia takes steps towards mandatory e-invoicing
Estonia is planning changes to its Accounting Act to implement a customer-imposed B2B e-invoice mandate in accordance with the European e-invoicing standard. The intended changes
Solution: E-Invoicing Compliance
Malaysia: New timeline for mandatory e-invoicing
The Malaysian 2024 Budget, which is currently pending parliamentary approval, introduces changes to the implementation timeline of mandatory e-invoicing in the country. According to the
Turkey: Amendments to e-invoicing rules and expansion in taxpayer scope
The Turkish Revenue Administration continues to make arrangements in line with different sectoral needs. A significant update in this regard is the issuance of General
Canada B2B e-invoicing study
E-invoicing for B2B transactions is permitted but not yet mandatory in Canada. However, in the last years the Canadian government has been promoting e-invoicing and
Electronic Invoicing
Types of e-documents
E-documents or electronic documents are rapidly growing in usage across businesses of all shapes and sizes, in countries around the world. While the automated exchange
IRS Releases Publication 1220 for Tax Year 2023
The IRS recently released the 2023 Publication 1220, which contains electronic filing specifications for forms 1099 and other information returns. There are no changes to
IRS Releases Publication 1187 for 2023
The IRS has released Publication 1187, “Specifications for Electronic Filing of Forms 1042-S, Foreign Person’s U.S. Source Income Subject to Withholding.” The document provides electronic
DOMINICAN REPUBLIC: The Tax Authority published the first list of more than 500 obliged to invoice electronically no later than January, March and May 2024.
The tax authority through Notice 08-23, establishes the implementation schedule of electronic invoicing for large national taxpayers in the following terms: “To ensure the implementation
Malaysia: Updated and new documentation are published
The Malaysia Inland Revenue Board has published updated e-invoicing guidelines, which are now on version 2.0. The update includes details on new topics, namely transactions
Belgium: Preliminary draft legislation introducing B2B e-invoicing mandate is approved
The Council of Ministers, which is the highest executive authority at a federal level, approved today a preliminary draft law that introduces mandatory B2B e-invoicing
Value Added Tax
VAT Snapshot: When Timing is Everything
With the rate of change in tax digitization not set to slow down any time soon, it’s more important than ever to keep up with
France: Updates on Postponement of CTC reform
France is in the process of implementing a Continuous Transaction Controls (CTC) system which introduces mandatory e-invoicing for domestic B2B transactions and e-reporting obligations. In
Germany: Federal government approved draft act on B2B e-invoicing mandate
On August 30, 2023, the German Federal Government approved the draft act (Growth Opportunities Act) published by the Ministry of Finance (BMF) on July 14,
Electronic Invoicing
ViDA : comment relever le défi de la conformité fiscale dans un paysage réglementaire complexe ?
Depuis que la Commission européenne a annoncé son projet de modifications législatives relatives à l’initiative de ViDA « VAT in the Digitale Age », les questions
Saudi Arabia: New taxpayer group in scope of Phase 2 of e-invoicing announced
The Saudi Arabian Tax and Customs Authority, ZATCA, announced the eighth wave of Phase 2 of e-invoicing. The eighth wave covers taxpayers with at least
PANAMA: This July 31 was the deadline for those companies that provide goods and services that contract with the Government institutions to request their exception to the implementation of the Electronic Invoicing System.
Through Resolution 201-5160a, the tax authority established that on July 31, 2023, expired the deadline for request in a justified manner the exception to the
Electronic Invoicing
Chile: Changes in the Electronic Ticket for Sales and Services
The Chilean Internal Revenue Service (SII) recently published version 4.00 of the document describing the format of electronic tickets for Sales and Services. The electronic
Electronic Invoicing
France: B2B E-Invoicing Mandate Updates
Extension of the implementation dates of the B2B e-invoicing Mandate. Update: 2 January 2024 The Finance Law for 2024 has been officially adopted and published