China: last province added in the Pilot Program
Following the recent developments in China regarding the Pilot Program for e-Invoicing, whereby the program has been expanded to new provinces and cities in November
Solution: VAT & Fiscal Reporting
Spain: Royal Decree setting out Verifactu invoicing and billing software requirements has been published
The Spanish government is pursuing various routes for digitizing tax controls, including introducing software requirements on the billing system. Back in February 2022, a Draft
India: B2C transactions under consideration for mandatory e-invoicing
India is considering the expansion of its mandatory e-invoicing system to encompass B2C transactions. Currently, B2B transactions are subject to this mandatory e-invoicing, requiring clearance
MEXICO: The Tax Authority release the Ninth Resolution of Amendments to the RMF 2023.
On December 5, 2023, the Ninth Resolution of Amendments to the RMF 2023 was published in the Official Gazette, entering into force on the day
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
Poland SAF-T Framework
Poland SAF-T framework Poland is one of many countries to use the Standard Audit File for Tax (SAF-T) to streamline tax compliance and reporting for
Nigeria: VAT on Non-resident Sales of Goods from January 1, 2024
Pursuant to the Nigerian Federal Inland Revenue Service (FIRS) Circular No. 2021/19, foreign suppliers and marketplaces providing goods in Nigeria to taxable and non-taxable persons
Germany: Recent legislative update for mandatory e-invoicing
The Bundesrat, the upper house of the German Federal Parliament, has declined to approve the Growth Opportunities Act, which includes amendments to VAT law concerning
Bahrain: E-invoicing without prior approval from tax authority
The National Bureau for Revenue (NBR) released an updated edition of the Value Added Tax (VAT) General Guide in November 2023. A VAT-registered individual or
Singapore: Standard GST Rate Increase to 9% from January 1, 2024
Pursuant to Goods and Services Tax (Amendment) Bill No. 30/2022, the standard GST rate in Singapore is increasing to 9% effective January 1, 2024. The
Ghana: Expansion of Taxpayers for Electronic Invoicing System “e-VAT”
The Ghana Revenue Authority (GRA) launched its mandatory electronic invoicing system, known as e-VAT, in October 2022. The pilot group included 50 large taxpayers. According
Kenya: Update on invoice generation supported by the eTIMS
The Kenya Revenue Authority (KRA) announced on November 17, 2023, that business expenditures not supported by tax invoices generated through the Electronic Tax Invoice Management
MEXICO: SAT publishes the Instructions for filling out the Carta Porte supplement.
SAT publishes the Instructions for filling out the Carta Porte supplement 3.0. On November 24, the SAT published the Instructions for filling out the Carta
Germany: Extended transition to e-invoicing passes Bundestag
The Bundestag, the lower house of the German Federal Parliament, passed the Growth Opportunities Act introducing mandatory e-invoicing for domestic B2B transactions. The general transition
Value Added Tax
Import One Stop Shop Expanded Under ‘ViDA,’ ‘Customs Reforms’ Packages
In the last year, the European Commission has put forward two proposals, the “VAT in the Digital Age” and the “EU Customs Reform,” which could significantly
Saudi Arabia: New taxpayer group in scope of Phase 2 of e-invoicing announced
The Saudi Arabian Tax and Customs Authority, ZATCA, announced the ninth wave of Phase 2 of e-invoicing. The ninth wave covers taxpayers with at least
Value Added Tax
VAT in the Digital Age (ViDA) Potentially Delayed
In 2022, the European Commission published its “VAT in the Digital Age” initiative (ViDA), which would make widespread changes to current VAT rules under Council
PERU: The tax authority issues the Guide to Accept Proposal from the SIRE.
The tax authority issues the Guide to Accept the Proposal from the SIRE (Integrated System of Electronic Records). SISTEMA INTEGRADO DE REGISTROS ELECTRONICOS – SIRE