Welcome to our Q&A two-part blog series on the French e-invoicing and e-reporting mandate, which comes into effect 2023-2025. That sounds far away but businesses
In our recent webinar, Sovos covered the new French e-invoicing and e-reporting mandate, and what this means for businesses and their tax obligations. We are
In the “Statement on a Two-Pillar Solution to Address the Tax Challenges Arising From the Digitalization of the Economy” issued on 1 July 2021, members
What is Intrastat? Intrastat is a reporting regime relating to the intra-community trade of goods within the EU. Under Regulation (EC) No. 638/2004, VAT taxpayers
Progress has been made in the roll-out of the Polish CTC (continuous transaction control) system, Krajowy System of e-Faktur. Earlier this year, the Ministry of
Moving goods from one place to another is a quintessential part of business. Manufacturers, wholesalers, transporters, retailers and consumers all need to carefully orchestrate the
More than 170 countries throughout the world have implemented a VAT system, and some of the most recent adopters are the Gulf countries. In a
A current mega-trend in VAT is continuous transaction controls (CTCs), whereby tax administrations increasingly request business transaction data in real-time, often pre-authorising data before a
While many Latin American countries have begun to implement taxation on digital services, Mexico is currently leading the charge and has established a strong track
Turkey’s e-transformation journey, which started in 2010, became more systematic in 2012. This process first launched with the introduction of e-ledgers on 1 Jan 2012
Update: 23 March 2023 by Dilara İnal Japan’s Qualified Invoice System Roll-out Approaches Japan is moving closer to the roll-out of its Qualified Invoice System
In this blog, we provide an insight into continuous transaction controls (CTCs) and the terminology often associated with them. With growing VAT gaps the world
Since 1993, supplies performed between Italy and San Marino have been accompanied by a set of customs obligations. These include the submission of paperwork to
France’s 2023 mandate will require businesses to issue invoices electronically for domestic transactions with taxable persons and to obtain ‘clearance’ on most invoices before their
In the digital age we live in, speed is essential. For companies wanting to compete on a global scale, acting fast is just as important
On 28 June 2021 the Greek Ministry of Finance announced that the myDATA mandate has been postponed to autumn 2021. This is due to the
Earlier today, Sovos announced the acquisition of Ecuador-based Stupendo, which provides automated e-invoicing services and processes that are regulated by the Internal Revenue Service (SRI)
Norway announced its intentions to introduce a new digital VAT return in late 2020, with an intended launch date of 1 January 2022. Since then,