Regulatory Analysis
German government has previously announced its ambition to introduce a uniform nationwide electronic reporting system that will be used for the issuance and validating of invoices as well as forwarding them to buyers. German ministry of finance announced during the IDSt-Conference Digital Transformation in VAT held on 16th of November 2022 that Germany has applied for […]
On November 9, the Serbian Ministry of Finance published a Draft Law on Amendments to the Law on Electronic Invoicing. The main changes concern: Scope: Natural persons who are not liable for income tax from self-employment in the sense of the law governing personal income tax will be excluded from the provisions of this law. […]
New Zealand is implementing changes to its GST invoicing and record keeping requirements, which are set to enter into force from April 1, 2023. These changes include: The use of tax invoices will be replaced by a more general requirement to provide and keep certain records known as taxable supply information. Terminology: […]
On 23 September 2022, Law 4972/2022 was published in the Official Gazette of Greece, amending the provisions of Law 4601/2019 that establish the framework concerning electronic invoicing in public contracts. According to amendments, economic operators must submit electronic invoices following the European standard for issuing electronic invoices for the execution of public contracts, which entails a […]
The National Superintendence of Customs and Tax Administration of Peru (SUNAT) published a draft resolution to allow the issuance of electronic invoices for foreign tourists. The draft resolution modifies the Payment Voucher Regulations, as well as the regulations on the electronic issuance of payment vouchers to allow the issuance of invoices for sales made by […]
The National Directorate of the Internal Revenue Service of Ecuador published resolution DGERCGC22-00000052 by virtue of which the electronic invoicing of land transport operators throughout the country, except taxis, will be made possible. With this regulation change, the partners, or shareholders of commercial transport operators, except taxis, may be designated as exclusive points of issuance […]
The French authorities published new legal documentation that provides details on the overall French Mandate requirements. Some of them, especially with regard to the obligations of the Partner Dematerialization Platform (PDP) operators and e-reporting deadlines, were long-awaited. Decree No. 2022-1299 provides requirements and obligations of the Partner Dematerialization Platform (PDP) operators and the Invoicing Public Portal (PPF), the […]
The Italian Revenue Agency has now released version 1.8 of the Compilation Guide of the Electronic Invoice and Esterometer (Guida alla compilazione FE ed esterometro). The updates reflect the latest changes in the FatturaPA technical documentation, valid from 1 October 2022, of which the main point is the inclusion of the new Type of Document […]
The Legislative Assembly of El Salvador has recently approved Decree 487 with relevant reforms to the Tax Code, introducing the initial and general legal framework for its mandatory electronic invoicing system, for which there is currently no provision under the country’s tax legislation. The Decree defines the different types of Electronic Fiscal Documents (Documentos Tributários […]
On 30 September 2022, the Romanian Ministry of Finance published a draft Government Emergency Ordinance, including various amendments to various regulations. One of the important changes envisaged in the draft GEO is regarding the rules on fiscal inspections. While the fiscal inspections are carried out on the work premises of the taxpayers’ premises, as per Article 125 […]
The Secretary of Economy of the Federal District has announced that, as of 1 November 2022, the Federal District will begin implementation of its Service Tax Management System (Sistema de Gerenciamento do Imposto Sobre Serviços – ISS), for which the Electronic Invoice for Services (Nota Fiscal de Serviços Eletrônica – NFS-e) will be issued in […]
The Argentinian tax authority (AFIP) has established the procedure for linking the electronic transport document for flour (Remito Electrónico Harinero – REH) with the electronic sales invoice that supports the operations of sale of flour and by-products derived from the milling of wheat. As recently established for the e-transport document for meats (Remito Electrónico Cárnico […]
The Colombian tax authority (DIAN) has informed that on 4 October 2022, from 8pm until 23:59pm, maintenance will be performed within the Electronic Invoicing System, during which period the service will be unavailable.
The Uruguayan tax authority (DGI) has informed that Version 23.2 of the CFE Format document (electronic fiscal documents), version 13 of the Report Format document, version 15 of the Response Message Format and XSD schema version 1.42.1 are now available for testing. The new versions and their XSD schemas are published in the Functional and […]
The Danish Business Authority, Erhvervsstyrelsen, has prepared drafts for three executive orders concerning the new digital bookkeeping requirements. The below draft orders lay down the detailed requirements for digital accounting systems and rules for registration of these systems: Draft executive order on notification, registration, publication, etc. of digital standard bookkeeping systems Draft executive order on requirements for […]
On September 29, 2022, the law implementing mandatory B2B e-invoicing in Spain was published in the Official Gazette (Boletín Oficial del Estado -BOE-). Therefore, from that date, the Government has 6 months to approve the necessary regulatory framework. More information about this law is in our blog: Spanish Congress Approves Mandatory B2B e-Invoicing
The Argentinian tax authority (AFIP), by means of Resolution 5259/2022, established the obligation to consign the number of the electronic document for the transport of meats (Remito Electrónico Cárnico – REC) in the electronic sales invoice that support the operations of sale of meat and by-products derived from the slaughter of the cattle/buffalo species and […]
The Romanian Ministry of Finance has announced another delay to e-transport requirements for high-fiscal risk products by issuing a draft emergency ordinance (“GEO”) on 21 September 2022. The fines had already been delayed from July 2022 to October 2022, but this time the entry into force has been postponed to January 2023. Another significant change […]