Regulatory Analysis
Belgium has published an updated draft law covering multiple VAT-related topics, including changes to the B2B e-invoicing mandate, just weeks before the 1 January 2026 implementation date. The updates address practical implementation concerns and align Belgian legislation with recent EU developments, particularly the ViDA Directive adoption. What’s Changed Non-Established Entities Formally Excluded The draft law now […]
The Polish Ministry of Finance has announced that token generation functionality will be available in the Module for Certificates and Permissions (MCU) by 10 December 2025. This allows taxpayers to generate KSeF 2.0-compatible authentication tokens for the Production environment ahead of the mandatory e-invoicing launch on 1 February 2026. Tokens are used as one of […]
The Belgian Tax Administration (FOD Financiën) has announced a three-month grace period for the country’s mandatory B2B e-invoicing requirement, which takes effect 1 January 2026. Over half a million Belgian companies have already adopted e-invoicing solutions. However, authorities recognize that some businesses may face technical hurdles beyond their control during the initial implementation phase. Grace Period […]
On 2 December 2025, the Spanish Government announced a further one-year postponement of the VERI*FACTU certified billing system deadlines. The measure was announced by President Pedro Sánchez during a radio interview on RAC1 and subsequently confirmed by Ministry of Finance (Hacienda) sources to press agencies. The postponement forms part of a Royal Decree-Law (Real Decreto-Ley) […]
The Oman Tax Authority (OTA) has released the first version of the e-invoicing data dictionary to selected taxpayers as part of the Fawtara project consultation phase. The authority also conducted workshops providing insights into the implementation roadmap and addressing technical questions. The Data Dictionary defines standard data elements for compliant electronic invoices, covering business terms, […]
The Polish Ministry of Finance has published errata to the informational brochures for JPK_KR_PD (Accounting Books) and JPK_ST_KR (Fixed Assets Records) structures. They clarify the taxpayer categories for the phased implementation of these reporting obligations. The key clarification specifies that the second implementation wave applies to taxpayers obliged to submit JPK_V7M files (monthly VAT filers), […]
The Government of the Federation of Bosnia and Herzegovina (FBiH) has adopted the Draft Law on Fiscalization of Transactions and sent it to parliamentary procedure. The law introduces e-invoicing and mandatory real-time reporting of all transactions to the Tax Administration, with the aim of preventing tax evasion. Key objectives include establishing a comprehensive transaction reporting […]
The Portuguese Parliament has approved the 2026 Draft State Budget, confirming the postponement of the implementation of the qualified electronic signature requirement as a method to establish the presumption of integrity and authenticity for e-invoices. Initially expected to be enforced on January 1, 2026, the e-signature requirement will instead only be enforced from January 1, […]
Effective January 1, 2026, House Bill 218 introduces four changes to New Mexico withholding tax reporting: Quarterly Reporting Expansion. All employers and payers must file quarterly returns reporting employee and payee compensation and New Mexico income tax withheld. Previously, this requirement applied only to employers with more than 50 employees who did not file unemployment […]
The UK government has announced plans to introduce mandatory electronic invoicing for all business-to-business (B2B) and business-to-government (B2G) transactions starting in April 2029. The requirement is outlined in the Budget 2025 proposal and remains subject to Parliamentary approval. This marks an important shift from current invoicing practices, which allow a variety of formats, including paper […]
The Oman Tax Authority has published detailed accreditation criteria for service providers under its Fawtara e-invoicing initiative. The guidelines establish mandatory requirements for entities seeking to become Accredited Service Providers (SPs) in Oman’s digital invoicing ecosystem. Key requirements for service provider accreditation include: Financial and Legal Prerequisites Mainland commercial registration in Oman with relevant business […]
Effective January 1, 2026, Illinois will exempt food for human consumption from sales tax by repealing the state’s 1% grocery tax. This exemption will not apply to alcoholic beverages, cannabis-infused products, soft drinks, candy, or prepared foods intended for immediate consumption. Coinciding with this repeal, municipalities and counties may impose their own 1% grocery tax […]
The Polish Ministry of Finance has published an updated version of the draft Regulation on KSeF Usage, introducing important clarifications for invoice marking requirements in offline modes, particularly for invoices made available to buyers before they are sent to KSeF. Proposed Updates to Invoice Marking Requirements The revised draft narrows the application of dual QR […]
The Hungarian National Tax and Customs Administration (NAV) and the Ministry of National Economy (NGM) have launched a public consultation on implementing the EU’s VAT in the Digital Age (ViDA) package. The consultation period runs until 20 January 2026, offering businesses and tax professionals an opportunity to shape Hungary’s approach to mandatory e-invoicing and real-time […]
The state of Hawaii increases its rental motor vehicle surcharge by $0.50 annually on January 1 of each year. Effective January 1, 2026, Hawaii will increase the surcharge rate from $7.00 per day (or any portion of a day) to $7.50. The scheduled rate increases are slated to end in 2027.
The Chilean Tax Authority announced that sequences of type “B” non-electronic tax receipts assigned to taxpayers classified as Grand Nationals will expire on December 31, 2025. From that date forward, non-electronic tax receipts may only be used in contingency situations. Consequently, taxpayers classified as Large Nationals must exclusively issue electronic invoices, using sequences of electronic […]
Resolution 154 establishes additional requirements for invoices and dispatch guides (e- transport documents) that cover the transfer of movable tangible property subject to VAT, in order to improve traceability and tax control starting May 1st, 2026. New requirements: Origin and destination information Transport identification Description of goods Classification of the transfer The resolution also establishes […]
Colorado legislation HB 1154, will replace the 0.1% Telecom Relay Surcharge on prepaid wireless services with a Prepaid Disability Access Fee at a rate of $0.08. Beginning January 1, 2026, the fee will fund telephone services for those with disabilities.