Regulatory Analysis
4/20/2023 Effective July 1, 2023, North Dakota HB 1177 exempts the sales of children’s diapers from the state’s gross receipts tax. Children’s diapers is defined under 57-39.2-04(d)(2)(b) as diapers marketed to be worn by children. Further information concerning the legislation may be found here.
4/20/2023 Effective August 7, 2023, Colorado HB 1062 expands metropolitan district authority to include support of park and recreational facilities. Metropolitan districts are able to levy a uniform sales tax to fund certain services such as fire or safety protection and street improvements within the district area. Further information concerning the legislation may be found […]
4/17/2023 Kentucky recently enacted House Bill 360 to amend and clarify 2021 legislation which extended sales tax to numerous services. Among the several changes, the following were also included: Repealing the tax on marketing services Clarifying extended warranty services include extended warranties on prewritten computer software access services Cosmetic surgery services do not include surgery […]
The Goods and Services Network (GSTN) issued an advisory on the time limit for e-invoices to be reported on the portal. E-invoices in scope will need to be reported within 7 days from their issuance. In India, B2B and B2G invoices are subject to mandatory e-invoicing for taxpayers who has an annual turnover of at […]
As part of the 2023 state budget presented in 2022, the Malaysian government decided to introduce and gradually implement an electronic invoicing system in the country. The state budget law doesn’t contain any details about the e-invoicing system, however, in a recent engagement session held by the Inland Revenue Board (IRB) of Malaysia and the […]
In December 2022, it became mandatory for companies to issue electronic invoices in public procurement according to the EN norm, but details about the scope and the implementation timeline were left to be regulated in secondary law. On 12 April 2023, a joint decision by the Ministers of Finance, Development and Investments, Digital Governance and […]
A new Taxpayer Orientation Manual version 1.00a General View (MOC NFCom 1.00a – Visão Geral) and Taxpayer Orientation Manual version 1.00a Annex 1 Layout and Validation Rules (MOC NFCom 1.00a – Anexo I Leiaute e Regras de Validação) for the NFCom (electronic invoice for communication services – Model 62) have been published. These Manuals follow […]
The Italian Tax Authority (Agenzia delle Entrate) will make available on the 15th May of 2023, a new platform for the provision of free services, via API, called API Management. This measure is part of an initiative to simplify administration and promote digital services, and it is aimed at an audience of users interested in […]
4/6/2023 Effective May 1, 2023, Aspen, Colorado has adopted Ordinance 66 to replicate carryout bag fee requirements allowed under Colorado House Bill 1162. The Ordinance amends Aspen’s bag fee to now apply a $0.20 fee to both single-use plastic and paper carryout bags provided at checkout. Further information concerning the Ordinance may be found here.
Zakat, Tax and Customs Authority (ZATCA) shared Amendments on the Controls, Requirements, Technical Specifications, and the Procedural Rules for Implementing the Provisions of the E-Invoicing Regulation (Implementation Resolution) for public consultation. ZATCA accepts feedback until 18 April 2023. Amendments to the Implementation Resolution introduce new functionalities for charges specification and advanced payment specification. For more […]
3/31/2023 Effective May 1, 2023, Ohio HB66 revises Ohio Rev. Code §§ 4517.261 and 4781.24 to remove documentation service charges from the definition of sales price when associated with the sale of a motor vehicle. Therefore, as of May 2023, documentation service charges are exempt from sales and use tax when associated with the sale […]
For the purposes of articles 29 and 29-A of the CFF, those who make payments for salaries and who are obliged to issue CFDIs for them, may choose to issue them until June 30, 2023, in version 3.3 with payroll supplement in version 1.2, in accordance with Annex 20, published in the DOF on July […]
Mexico: the SAT published the Resolution that establishes administrative facilities for the tax obligations compliant of the taxpayers of the primary sector, of Ground Transportation of Federal Freight, Foreign Passenger and Tourism, as well as Ground Transportation of Materials Freight and Urban and Suburban Passengers, in which it announced the use of a new complement […]
On 18 January 2023, the Botswana Ministry of Finance (MOF) issued a public notice that the temporary reduced standard VAT rate of 12% will expire on 31 March 2023. The MOF confirmed in the 2023 Budget Speech on 6 February 2023 that the VAT rate will increase back to 14% on 1 April 2023. The […]
China has further expanded the scope of the taxpayers issuing fully digitalized e-invoices (e-fapiao): From 1 March 2023 newly registered taxpayers in the Inner Mongolia Autonomous Region shall be included in the pilot scope of digital e-invoicing. From 22 March 2023, selected taxpayers in Henan and Jilin provinces can issue fully digitalized e-invoices From 30 […]
Mexico: The SAT published the standard and the error matrix of the Carta Porte Supplement version 2.0 Revision C, that is integrated into CFDI version 4.0 Among the main changes are: 4 service keys were incorporated into the additional validation of the CFDI ProdServ Key. The coexistence of the Carta Porte supplement was incorporated with […]
The state of Espírito Santo has postponed mandatory implementation of the NF3-e, Electric Energy Electronic Invoice, until 1 June 2023. The amendment was established by Ajuste Sinief 2/2023, published on 10/03/2023. The updated national implementation calendar is as follow: Mato Grosso: from 1 June 2022 Alagoas, Amapá, Amazonas, Bahia, Maranhão, Mato Grosso do Sul, Pará, […]
The Thai Revenue Department announced an extension of tax incentives to promote the current e-tax systems. These incentives will be extended until the 31st of December of 2025. These measures highlight the Thai Revenue Department´s intentions, and priority given, to continuously promote the use of e-tax invoices, which are currently of voluntary adoption. Among the […]