Colombia VAT Compliance
Colombia VAT Compliance: An Overview for Businesses Meeting your VAT obligations in Colombia is crucial to avoiding penalties and reputational harm. Each country has its
Tax Rules, Mandates and Regulations
Keep up on what’s happening in the digital transformation of tax worldwide.
Peru VAT Compliance
Peru VAT Compliance: An Overview for Businesses You may think complying with Peru’s VAT obligation is simple, but there is plenty to consider. Peru has
Electronic invoicing in Chile
Electronic invoicing in Chile Chile has long been a leader in adopting electronic invoicing, starting in 2001 with voluntary adoption for taxpayers. Its status as
Brazil VAT Compliance
Brazil VAT Compliance: An Overview for Businesses Brazil has plenty of tax rules and mandates to consider, but compliance doesn’t have to be strenuous. Knowing
Argentina VAT Compliance
Argentina VAT Compliance: An Overview for Businesses Doing business in Argentina means meeting your tax compliance obligations. Adhering to requirements from multiple mandates, including both
Singapore E-invoicing
Singapore E-invoicing While electronic invoicing is not mandated yet on any level in Singapore, the country’s tax authority is working on implementing a continuous transaction
Argentina E-Invoicing
Electronic invoicing in Argentina Argentina was an early adopter of electronic invoicing, with its e-invoicing journey beginning in 2002. The technology was only implemented on
e-invoicing Germany
e-invoicing in Germany Germany, like many European countries, is on its way to implementing electronic invoicing requirements for domestic taxpayers of all shapes and sizes.
VAT Compliance Germany
VAT Compliance in Germany: An Overview for Businesses Tax compliance in Germany is fragmentary by nature and requires resources to ensure compliance. Consider that compliance
Peru E-Invoicing
Electronic invoicing in Peru Peru is far along in its e-invoicing journey, having implemented a mandate for all taxpayers to issue and receive electronic invoices.
Greece e-invoicing
Greece e-invoicing Electronic invoicing is mandatory for B2G supplies and optional for B2B and B2C supplies. However, the Greek authorities want to implement a nationwide
VAT Compliance Greece
Greece VAT Compliance: An Overview for Businesses Meeting your VAT compliance obligations in Greece is a multi-faceted task. This is especially true when you consider
e-Invoicing Turkey
E-invoicing: An Overview Turkey was an early adopter of electronic invoicing when considering the global landscape of tax digitization. As part of its larger e-Transformation
Malaysia E-Invoicing
Malaysia CTC e-invoice Reporting: From August 2024, e-invoicing in Malaysia will become mandatory for taxpayers with an annual turnover or revenue of more than RM100
Poland E-Invoicing
e-invoicing in Poland: B2B, B2G, KSeF Poland’s e-invoicing requirements are in flux. While B2G transactions have required electronic invoices since April 2019, the country’s B2B
Poland VAT Compliance
VAT Compliance in Poland: An Overview for Businesses Poland VAT compliance can be a tall task for those yet to devise a future-proof strategy. Considering
Romania VAT Compliance
VAT Compliance in Romania: An Overview for Businesses Romanian VAT Compliance can be described as a layered system conflated with different declarations and requirements, from
Dominican Republic e-invoicing
Dominican Republic e-invoicing The Dominican Republic is just one of the many nations that are turning to e-invoicing. From 2024, established taxpayers will be required
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
Romania E-invoicing
Romania e-invoicing E-invoicing in Romania is developing fast. With a current B2G and High Fiscal Risk B2B mandate already in place and a new obligation
Romania SAF-T
Romania SAF-T declaration Since 2022, medium and large taxpayers in Romania have had to report their VAT electronically to the tax authority under the international
Spain e-invoicing: What you need to know
Spain e-invoicing: What you need to know Spain e-invoicing Spain is one of many European countries to adopt e-invoicing for taxpayers. With several standards to
VAT Compliance Spain
VAT Compliance in Spain for Businesses Recent tax updates in Spain: • B2B e-invoicing draft regulation published• New invoicing requirements draft regulations• A quick guide
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
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 Israel is set to implement a continuous transaction controls (CTC) model that will require businesses to submit invoice data in electronic format for
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
E-Invoicing Thailand: New Approach New regulations for Thailand’s e-tax invoicing solutions and receipts expected soon Thailand’s current e-invoicing legal framework has been in effect since
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 controls (CTCs) The modernization of tax and tax controls remains a high priority for Slovakia’s tax authority. The
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
Tax in Romania: All You Need to Know
Tax in Romania: All you need to know about Romania’s VAT regime Romania introduces measures to digitally transform its tax administration and close the VAT
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 introduced
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
E-Invoicing India: All You Need to Know India E-Invoicing Requirements Under the new Goods and Services Tax (GST) framework, the Indian e-invoicing system falls under
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)
Electronic invoicing in Mexico Mexico has one of the most complex electronic invoicing systems in Latin America. Its scheme, Comprobante Fiscal Digital por Internet (or
E-Invoicing (Colombia)
Electronic invoicing in Colombia Electronic invoicing in Colombia, often referred to as Colombia facturacion electronica, is mandated for established taxpayers. While it was an early
E-Invoicing (Brazil)
Electronic invoicing in Brazil Brazil is widely regarded as a major player in the world of electronic invoicing, largely due to the sheer number of
SAF-T Norway
VAT in Norway: All you need to know about Norway’s SAF-T Requirements Norway’s SAF-T reporting requirements are evolving as tax continues to digitize ReformDesigned to
Making Tax Digital (United Kingdom)
Making Tax Digital: All You Need to Know What is Making Tax Digital? The UK government introduced Making Tax Digital (MTD) with the aim of
Spain SII | All You Need To Know | Sovos
SII Spain: An Overview SII Spain: Suministro Inmediato de Información SII Spain is an electronic VAT system that affects thousands of large companies across the
RTIR Hungary
Tax in Hungary: All you need to know about RTIR Hungary RTIR Hungary In 2018, Hungary established a legal framework requiring taxpayers to use a
E-Invoicing France
E-invoicing France France will implement mandatory B2B e-invoicing, as well as an e-reporting obligation. This mandate impacts all companies operating in France. This new e-invoicing mandate is complex
myDATA Greece
Greece myDATA In 2020, Greece introduced a continuous transaction controls (CTC) scheme, called myDATA – an e-audit system. myDATA requires taxpayers to transmit transactional and
Italy E-Invoicing
E-invoicing Italy: All you need to know Italy was the first country in the region to introduce a clearance e-invoicing model with the Sistema di
E-Transformation Turkey
What is Turkey’s E‑Transformation? While many governments and tax authorities are now on an e-Transformation journey, this trend began in Latin America in the early