Regulatory Analysis
The Kazakhstan Head of State has signed an amendment to the Tax Code that will substantially expand the country’s electronic invoicing requirements. This legislation makes e-invoicing mandatory for all registered VAT payers and extends requirements to include a comprehensive range of who are not payers of VAT (hereinafter referred to as non-VAT payers) and specialized […]
The Federal Inland Revenue Service (FIRS) issued a press release on 11 August 2025 announcing a three-month extension for large taxpayers to comply with Nigeria’s National E-Invoicing & Electronic Fiscal System. This adjustment provides additional implementation time for affected businesses as the country advances its digital tax compliance framework. Large taxpayers, defined as companies with […]
Romania passed the Law on Fiscal-Budgetary Measures on July 14th, 2025. The law increases the Value Added Tax (VAT) rates, among other financial measures. The standard VAT rate will now be 21%, raised from its previous rate of 19%. The two reduced rates of 5% and 9% are being consolidated and raised to 11%. The […]
Slovakia published draft legislation amending the VAT Act (Act No. 222/2004 Coll.) to transpose Council Directive on VAT in the Digital Age. The draft law introduces mandatory structured e-invoicing and real-time digital reporting of invoice data. It aims to strengthen the fight against tax fraud, improve VAT compliance, and align Slovakia with the EU’s harmonized […]
Effective September 1, Alabama will exempt qualifying baby supplies, baby formula, maternity clothing, and menstrual hygiene products from state sales and use tax. Further details may be found here.
The Missouri legislature passed HB 594, creating an exemption for diapers, feminine hygiene products and incontinence products. The exemption is set to begin on August 28, 2025. For definitions of each term, please reference the following statute: RSMo § 144.029.
The Egyptian Tax Authority (ETA) has issued Resolution No. 281 of 2025, which governs the implementation of the next phase of Egypt’s electronic receipt system. This resolution specifically targets taxpayers registered at the Sixth District (El-Sadis) and Fifth Settlement (El-Tagamo El-Khamis) tax offices in Cairo whose names appear in the annex attached to the decision. […]
The tax authority published a document on June 30 that aims to clearly and systematically present the steps taxpayers must follow during the certification process. It details each stage required for the proper implementation of electronic invoicing in accordance with current regulations.
Resolution No. 000032-2025-SUNAT/700000 issued by SUNAT extends the application of its discretionary power not to impose sanctions through December 2025. This extension applies to the reporting periods of July, August, September, October, November, and December 2025, and is intended to support ongoing inductive efforts that encourage proper submission of: RVIE – Electronic Sales and Income […]
After months of anticipation, the Polish Parliament has approved the KSeF 2.0 Act, which now awaits the President’s signature and official publication in the Polish Journal of Laws. This milestone legislation revises the National e-Invoicing System (Krajowy System e-Faktur, or KSeF), scheduled to become mandatory from February 2026 for the first group of affected taxpayers. […]
Through Resolution No. NAC-DGERCG25-00000014, the SRI establishes the procedures and mechanisms for the cancellation of electronic receipts. The resolution specifies that electronic documents—including sales receipts, retention certificates, and other related documents—may be cancelled up to the 10th day of the month following their issuance. After this deadline, cancellations can only be processed through the issuance […]
The Federal Board of Revenue (FBR) of Pakistan has issued a new notification, dated 1 August 2025, that supersedes previous notifications and establishes a detailed phased implementation schedule for the country’s mandatory e-invoicing system. This latest notification represents a significant shift in approach as the FBR moves away from the previous corporate/non-corporate distinction to a […]
Greece adopts mandatory B2B e‑invoicing legislation On 25 July 2025, the Greek Parliament adopted the National Customs Code and Other Provisions – Pension Regulations law (published in the official gazette of the government with number ΦΕΚ 134 Α΄/28.7.2025), amending Article 14 of Law 4308/2014 and establishing a mandatory electronic invoicing regime. Scope and requirements Electronic […]
The City of Kake has completed the process to join the Alaska Remote Sellers Sales Tax Commission (ARSSTC). Sellers must begin collection on 9/1/2025 and forms for filing will be updated to include Kake on 10/1/2025.
Effective July 14, 2025, the German Ministry of Finance (BMF) issued an amendment to the GoBD (German Principles on Bookkeeping), aligning the country’s digital archiving requirements with the upcoming mandatory B2B e-invoicing as of January 1, 2025. The update provides long-awaited clarity for taxpayers and software providers regarding the format, retention, and machine readability requirements […]
The Canary Islands Tax Agency (Agencia Tributaria Canaria) has proposed amendments to expand its SII (Suministro Inmediato de Información) obligation to include multiple taxes beyond IGIC (General Indirect Canary Tax). The proposal is still in draft, nevertheless the technical specifications around it have already been disclosed. All businesses currently using the SII system for IGIC […]
The Turkish Revenue Administration (Gelir İdaresi Başkanlığı) has announced an extension to the implementation deadline for implementing the requirements contained in the “Technical Guide for Invoices Related to Medication and Medical Device Deliveries”. Under the updated timeline: The deadline for implementing the technical requirements has been extended from 30 June 2025 to 1 October 2025 […]
On 17 June 2025, the Lithuanian Parliament adopted Law No. XV-283, introducing a new Security Contribution (SD) on non-life insurance premiums. The measure aims to support the National Defence Fund and is aligned with the EU Solvency II Directive (2009/138/EC). The new SD regime applies to both domestic insurers and foreign insurers operating in Lithuania […]