Tax Rules

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 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

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

myDATA Greece

Greece myDATA: All You Need To Know Greece’s myDATA scheme Greece introduced a new Continuous Transaction Controls (CTC) scheme, myDATA – an eAccounting system with

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)

Mexican electronic invoicing system Mexico’s electronic invoicing requirements: Mexico has one of the most sophisticated electronic invoicing systems in Latin America. Known locally as Comprobante

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

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 Reform Designed

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

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

SII Spain: Quick Guide 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: All You Need to Know E-invoicing France France will implement mandatory B2B e-invoicing, as well as an e-reporting obligation. This mandate impacts all

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

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

Tax Rules, Mandates and Regulations