Japan’s Tax System
Japan’s Tax System Japan’s Tax System Starting with the introduction of a multiple tax rate system in 2019, Japan is in the middle of a
Tax Rules, Mandates and Regulations
Keep up on what’s happening in the digital transformation of tax worldwide.
Serbia’s E-Invoicing System
Serbia E-invoicing Serbia is in the process of introducing mandatory e-invoicing for all taxpayers Following other Eastern European countries such as Poland and Romania, Serbia
Indonesia’s VAT requirements
Indonesia’s VAT requirements Indonesia’s e-invoicing system and continuous transaction controls After experiencing challenges in its tax control system, Indonesia adopted an e‑invoicing system, locally known
Israel E-invoicing
Israel E-Invoicing Plans for a continuous transaction controls system In an effort to combat VAT fraud, Israel is undergoing a tax reform. Currently under an
SAF-T mandates: Lithuania’s VAT Modernisation
Lithuania’s VAT Requirements Lithuania’s SAF-T Mandates Framework Seeking to modernise and digitize its tax systems, the Lithuanian Customs Office of the State Tax Inspectorate announced
Thailand Electronic Invoicing Enhancements
Thailand’s New Approach to Electronic Invoicing New regulations for e-tax invoicing solutions and receipts expected soon Thailand’s current e-invoicing legal framework has been in effect
Luxembourg VAT Requirements
Luxembourg VAT Requirements VAT in Luxembourg Luxembourg is one of many European countries to implement SAF-T and e-invoicing to provide greater visibility into a wide
Slovakia Continuous Transaction Control Mandates
Slovakia VAT Requirements Slovakia expands continuous transaction control The modernisation of tax and tax controls remains a high priority for Slovakia’s tax authority. The Slovakian
Philippines VAT Requirements
Philippines VAT Requirements VAT in the Philippines There have been improvements in recent years to VAT revenue collection in the Philippines, but there are a
China’s E-Invoicing Regime
China’s E-Invoicing Regime The move to customer facing e‑invoicing grows in China. China’s VAT digitization journey began nearly two decades ago with the rollout of
Romania’s VAT regime
Romania’s VAT regime Romania introduces measures to digitally transform its tax administration and close the VAT gap Seeking to close its VAT gap, the Romanian
Saudi Arabia E-Invoicing
Saudi Arabia – E-Invoicing Saudi Arabia leads the way to continuous transaction controls in the Gulf Saudi Arabia e-invoicing from December 2021 Saudi Arabia will
The 2021 EU E-Commerce VAT Import One Stop Shop (IOSS)
The VAT Import One Stop Shop (IOSS) Simplify EU VAT with IOSS in one single return The Import One Stop Shop (IOSS) is here. Simplify your EU
Portugal’s VAT Regime
Portugal’s VAT Regime Portugal pushes further ahead with VAT digitization Back in 2019, Portugal passed a mini e-invoicing reform consolidating the country’s framework around SAF-T reporting and
E-Invoicing India
India’s Continuous Transaction Control e-invoicing model applies to both domestic and cross-border transactions India E-Invoicing Under the new Goods and Services Tax (GST) framework, the
myDATA Greece
Greece to introduce Continuous Transactions Controls (CTCs) for domestic and cross-border transactions Greece myDATA Greece introduced a new Continuous Transaction Controls (CTC) scheme, myDATA –
Electronic Tax Invoices South Korea
South Korea’s Long Standing e-Tax Invoice System South Korea E-Invoices South Korea introduced its Electronic Tax Invoice System i.e. e-Tax in 2010. Since 2011, this
E-Invoicing (Mexico)
MEXICO E-INVOICING Mexico has one of the oldest and most complex sets of electronic invoicing regulations in the world. For more than a decade, Mexico
E-Invoicing (Colombia)
e-invoicing Colombia’s tax authority, the DIAN, has introduced changes to its e-invoicing model With lessons learned from the first iteration of e-invoicing in Colombia, the
E-Invoicing (Brazil)
Brazil e-invoicing regulations Brazil has a mature but extremely complex e-invoicing system In 2008, Brazil adopted a clearance electronic invoicing model in which the country’s
SAF-T Norway
Norway’s VAT Requirements Norway’s SAF-T reporting requirements are evolving as tax continues to digitize ReformDesigned to reduce the compliance burden and administrative costs associated with
Making Tax Digital (United Kingdom)
Making Tax Digital (MTD) for VAT Requires Taxpayers to Maintain Records and Submit VAT Returns Digitally Via an API Making Tax Digital The UK introduced
Poland
Poland’s VAT Requirements Poland’s CTC and SAF-T framework In an effort to modernise its tax systems and close the VAT gap, Poland’s tax authority, the
SII Spain
Spain has a near real-time reporting system for domestic transactions Spain SII Spain is one of the first EU nations to adopt the Continuous Transaction
RTIR Hungary
Hungary has been a pioneer in Continuous Transaction Controls (CTC) approach in the EU RTIR Hungary In 2018, Hungary established a legal framework requiring taxpayers
E-Invoicing France
France, One of the EU’s Largest Economies, introduces Continuous Transaction Controls France E-Invoicing from 2024 France is introducing continuous transaction controls (CTCs). From July 2024 to January 2026, France
Italy E-Invoicing
Italy Is the first Clearance E-Invoicing Model in the EU for all VAT transactions Italy: A European Pioneer in CTC e-invoicing Seeking to close one
E-Transformation Turkey
Turkey’s E-Transformation Journey Turkey has one of the most established Continuous Transaction Controls (CTC) systems in place outside of Latin America Turkey’s e-transformation started with
BREXIT VAT
Post-Brexit: Businesses Must Have a VAT Compliance Plan-of-Action in Place Brexit is here UK and EU businesses need to rise to the VAT compliance challenge
The 2021 EU E-Commerce VAT Package
The 2021 EU E-Commerce VAT Package and One Stop Shop (OSS) Simplifying cross-border B2C trade in the EU From 1 July 2021, the EU introduced
