Tax Compliance
The EU E-Commerce VAT Package – What Have We Learned Nine Months On?
It’s been just over nine months since the introduction of one of the biggest changes in EU VAT rules for e-commerce retailers, the E-Commerce VAT
Category: Tax Compliance
Tax Compliance
Streamlining VAT Reporting with OSS
E-commerce continues to grow, and tax authorities globally have struggled to keep pace. Tax authorities developed many VAT systems before the advent of e-commerce in
IPT
Luxembourg Online IPT Filings – One Year On
Insurance Premium Tax (IPT) in Luxembourg moved to online filing from the first quarter 2021 submission. Alongside this, they also changed the authority deadline to
Electronic Invoicing
Philippines Advances Towards Mandatory CTC Reporting
The Philippines continues in constant advance towards implementing its continuous transaction controls (CTC) system, which consists of near real-time reporting of electronically issued invoices and
Tax Compliance
The Latest RUUPA Updates
This blog was updated on January 25, 2023. On July 13, 2016 the Uniform Law Commission (ULC) approved its drafting committee’s final draft of the
Tax Compliance
Key Statutory Accounting and Reporting Changes for 2022
With the annual 2021 statutory filing season behind us, the focus now is on 2022 with all the accounting and reporting changes that it will
Electronic Invoicing
Tax Reform in Brazil
Update: 12 September 2023 by Robson Satiro de Almeida Tax Reform in Brazil: Simplification Statute Published Recent developments in Brazil indicate changes on the horizon,
Tax Compliance
Optimising Supply Chain Management: Setting up an EU Warehouse
In our earlier article, Optimising Supply Chain Management: Key B2B Import Considerations, we looked at the possibility of UK suppliers establishing an EU warehouse to
Electronic Invoicing
VAT in the Digital Age: Part III – VAT and the Platform Economy
In the European Union, the VAT rules around supplies of goods, as well as ’traditional’ two-party supplies of services, are well-defined and established. Peer-to-peer services
Electronic Invoicing
Paraguay’s New E-invoicing System: All Updates You Need To Know
Update: 05 January 2023 by Andres Landerretche More taxpayers join the Electronic Invoicing System of Paraguay (SIFEN) Since Paraguay started implementing its National Integrated System
News
Romanian E-Transport System Details Announced
Governments throughout the world are introducing continuous transaction control (CTC) systems to improve and strengthen VAT collection while combating tax evasion. Romania, with the largest
Sales & Use Tax
3 Sales Tax Considerations for Wedding Season
What does wedding season have to do with sales tax? Depending on the products and services your business offers, there could be more involved than
Electronic Invoicing
VAT in the Digital Age: Part II – VAT Reporting and E-invoicing
The European Commission’s “VAT in the Digital Age” initiative reflects on how tax authorities can use technology to fight tax fraud and, at the same
Tax Compliance
UK – April VAT Updates
Making Tax Digital for VAT – Expansion Beginning in April 2022, the requirements for Making Tax Digital (MTD) for VAT will be expanded to all
Electronic Invoicing
Belgium Expands B2G Mandatory E-Invoicing – Will B2B Come Next?
In November 2021, a Draft Royal Decree was published by the Chancery of the Prime Minister of Belgium, aiming to expand the scope of the
Tax Compliance
Five Tips for Stress-free IPT Registrations
Registering for Insurance Premium Tax (IPT) with tax authorities across Europe can be challenging and complex, particularly when multiple territories are involved. There are many
Electronic Invoicing
European Parliament Recommends Harmonising E-invoicing Across the EU
On 10 March, the European Parliament (EP) adopted a Resolution to the Commission’s Action Plan on fair and simple taxation supporting the recovery strategy, which
Electronic Invoicing
Poland’s E-Invoicing System: Latest Developments
Poland has been moving towards introducing the CTC framework and the system, the Krajowy System e-Faktur (KSeF), since early 2021. As of 1 January 2022,