Value Added Tax
Analysis: The Import One Stop Shop (IOSS) Four Months On
The European Commission (EC) introduced the Import One Stop Shop (IOSS) on 1 July 2021 to simplify the accounting for VAT on goods imported into
Category: Value Added Tax
Tax Compliance
Romania SAF-T: New Guidance for Submission Deadlines
In previous blogs, we’ve taken a deep dive into Romania’s new SAF-T requirements. In the latest guidance released this week, the tax authority has provided
Electronic Invoicing
Turkey Expands Scope of E-Documents
The Turkish Revenue Administration (TRA) published a Draft Communique that includes significant changes to the Tax Procedure Law General Communique No. 509, which initially aimed
Tax Compliance
Romania E-Invoicing Mandates and Updates
Update: 8 November 2024 by Inês Carvalho Romania: Mandatory B2C e-reporting from 2025 The scope of electronic invoicing in Romania has been expanded to include
Value Added Tax
VAT Obligations for Event Organisers – top tips in 4 minutes
After a tumultuous 18 months due to COVID-19, the events industry is finally bouncing back. When organising events online and in-person it is important to
Value Added Tax
B2G e-Invoicing and PEPPOL in Europe and Beyond
Electronic invoicing is rapidly becoming a standard business process. Governments are pushing for the adoption of B2G invoicing to optimize the public procurement process and
Electronic Invoicing
Germany: Mandatory B2B E-Invoicing
Update: 25 June 2024 by Dilara İnal Ministry Publishes Draft Guideline on B2B E-Invoicing The German Ministry of Finance (MoF) released a draft guideline on
Value Added Tax
Understanding VAT Obligations When Organising European Conferences and Events
Regardless of where the event, conference or exhibition is held, there will be VAT obligations to be met. For event organisers, understanding these VAT requirements
Tax Compliance
Romania SAF-T: Updated Guidance Released
In our last look at Romania SAF-T, we detailed the technical specifications released from Romania’s tax authority. Since then, additional guidance has been released including
Electronic Invoicing
Greece’s myDATA Mandate Live From 1 October With a Revised Timeline
The myDATA mandate finally went live on 1 October 2021 for most taxpayers after several postponements (and lobbying for a further postponement). The Greek authorities
Value Added Tax
How to Determine Your EU VAT Obligations
In our previous blog, we focused on VAT registration and the steps a business needs to go through to determine where it needs to be
News
Poland: JPK V7M/K Schema Changes from 1 January 2022
Poland implemented its version of a mandatory SAF-T file (the JPK_V7M/K reports) back in October 2020. Since then, businesses must submit detailed information on invoices,
Value Added Tax
EU E-Commerce VAT Package FAQs: Understanding IOSS and Imports
The EU e-commerce VAT Package is here. The new schemes, One Stop Shop (OSS) and Import One Stop Shop (IOSS) bring significant changes to VAT
Value Added Tax
Global Supply Chains and VAT: a Crimp in Cash Flow
Corporations in a wide variety of sectors are rapidly transforming their supply chains. The core goals of supply chain globalisation and automation are operational and
Value Added Tax
Where Does France Stand After the Publication of Last Week’s CTC Specifications?
September was unusually eventful for French businesses. A new ordinance was published, specifying the different parts of the upcoming continuous transaction controls (CTC) regime and
Value Added Tax
How to Prepare for VAT Registration and Fiscal Representation in the EU
Registering for VAT in the EU remains an overly complicated task, with each Member State having its own processes and procedures to obtain a VAT
Value Added Tax
Getting VAT Compliance Right for Black Friday Success
On 26 November, Black Friday presents another opportunity for retailers to drive e-commerce sales and boost revenue. It has become one of the biggest global
Value Added Tax
EU E-Commerce VAT Package FAQs: Understanding OSS
The EU E-Commerce VAT Package is here. The new schemes, One Stop Shop (OSS) and Import One Stop Shop (IOSS), bring significant changes to VAT