Regulatory Analysis
On August 30, 2023, the German Federal Government approved the draft act (Growth Opportunities Act) published by the Ministry of Finance (BMF) on July 14, 2023, which includes, among others, the introduction of the nationwide B2B e-invoicing mandate. This marks the onset of the legislative process for the adoption of the draft act by the […]
The Saudi Arabian Tax and Customs Authority, ZATCA, announced the eighth wave of Phase 2 of e-invoicing. The eighth wave covers taxpayers with at least SAR 40 million (app. USD 10 million) revenue subject to VAT for 2021 or 2022. Taxpayers within this group are expected to integrate as of March 1, 2024. Phase 2 […]
Through Resolution 201-5160a, the tax authority established that on July 31, 2023, expired the deadline for request in a justified manner the exception to the Electronic Invoicing System, for those companies that provide goods and services to the Government. This request will be subject to a resolution of the General Directorate of Revenue in which […]
On August 4, 2023, the Polish President signed an Act amending the VAT Act and certain other laws which introduces mandatory e-invoicing via KSeF. This means that the e-invoicing mandate will enter into force on July 1, 2024, without any further postponements. The press information can be found here and the official announcement from the […]
The Ministry of Finance published a draft regulation amending the regulation on the use of KSeF from December 27, 2021, which is applicable to the voluntary phase of the e-invoicing system via KSeF. The draft regulation is open to public consultation until August 18, 2023, for businesses to submit their comments. The amended regulation on […]
The Ministry of Finance published an updated API for the test environment in KSeF (National E-Invoicing System) which supports both FA(1) and FA(2) schemas. From July to August 2023, both schema versions, meaning both FA(1) and FA(2), will apply in the KSeF test environment. The official announcement can be found here: API KSeF dla środowiska […]
On 31 July 2023, the French authorities published an updated version of the ‘External specifications file for electronic invoicing’, version 2.3, currently available only in French. The version 2.3 introduces new chapters and removes use case explanations which are now published as a separate new document. It also updates annexes which are attached as Excel […]
On 17 July 2023, the cabinet of the Belgian federal government failed to reach an agreement on the broader tax reform announced by the Minister of Finance, Vincent Van Peteghem on 2 March 2023, which aimed to introduce among other tax measures, the general obligation for B2B e-invoicing and e-reporting to reduce the country’s VAT […]
The Saudi Arabian Tax and Customs Authority, ZATCA, announced the seventh wave of Phase 2 of e-invoicing. The seventh wave covers taxpayers with at least SAR 50 million (app. USD 13 million) revenue subject to VAT for 2021 or 2022. Taxpayers within this group are expected to integrate as of February 1, 2024. Phase 2 […]
On July 28, 2023, the Sejm voted against the Senate’s veto which blocked the draft legislation introducing the national e-invoicing system, KSeF, on the grounds of it being unconstitutional. Following its adoption by Sejm and pursuant to the draft legislation, the e-invoicing obligation will come into force, as planned, on July 1, 2024, with some […]
France is in the process of implementing a Continuous Transaction Controls (CTC) system which introduces mandatory e-invoicing for domestic B2B transactions and e-reporting obligations. On July 28, 2023, the Directorate General of Public Finances announced that the roll-out date of the mandate is postponed in order to give the necessary time for taxpayers to comply […]
The European Commission (EC) authorized Germany to introduce special measures regarding mandatory electronic invoicing with its decision dated July 25, 2023. Germany plans to implement mandatory e-invoicing for domestic B2B transactions. According to the decision of the EC, Germany received the derogation from the VAT Directive from January 1, 2025, to December 31, 2027, or […]
The European Commission (EC) authorized Romania to introduce special measures regarding mandatory electronic invoicing with its decision dated July 25, 2023. Romania plans to implement mandatory e-invoicing for B2B transactions. According to the decision of the EC, Romania received the derogation from January 1, 2024, to December 31, 2026, or until the national transposition of […]
The Inland Revenue Board of Malaysia (IRBM) has issued a guideline today regarding the implementation details of the upcoming e-invoicing mandate. According to the guideline, Malaysia will adopt a CTC clearance model, set to begin in June 2024, involving around 4000 companies that meet the specified threshold. Under the new e-invoicing model, known as MyInvois, […]
The German Federal Ministry of Finance has made draft amendments to Value Added Tax Law (Umsatzsteuergesetz, “UStG”) in order to implement mandatory e-invoicing. In April 2023, The German Federal Ministry of Finance sent a discussion proposal for the introduction of mandatory B2B e-invoicing to significant German business associations, asking for input. In June 2023, the […]
Portugal has officially postponed the mandatory B2G electronic invoicing obligation for small, medium and microenterprises, once again. Although B2G e-invoicing became mandatory for SMEs on 1 January 2023, the Law Decree no. 54/2023 postpones the obligation granting taxpayers a new deadline for compliance. The postponement was announced during the Press conference of the Council of […]
The project teams within the Ministry of Finance working on the development of the Fiscalization 2.0 system in Croatia, have been in touch with the Italian and French e-invoicing experts to hear their experiences from the implementation of these two countries’ CTC systems. The Ministry could be inspired by one or a combination of the […]
The Slovakian administration once again postponed the implementation of the mandatory submission of e-invoices to the IS EFA platform for B2G (business to government) and G2G (government to government) transactions. The implementation of the B2G and G2G mandate for the government and public administration institutions as well as for their suppliers is expected to start […]