Tax Rules - Sovos UK

SAF-T mandates: Lithuania’s VAT Modernisation

Lithuania’s VAT Requirements Lithuania’s SAF-T Framework Seeking to modernise and digitize its tax systems, the Lithuanian Customs Office of the State Tax Inspectorate announced sweeping

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

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 SAF-T Reporting – Phase one Norway SAF-T The Norwegian tax authority first introduced SAF-T reporting in 2017 on a voluntary basis and made it compulsory

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

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 pioneer of the automated e-invoice process. Italy has been

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 will

Tax Rules, Mandates and Regulations