Regulatory Analysis
On 27 June 2022, the decision of the Council of the European Union from 17 June 2022 which has granted Poland with the special measure derogating from Articles 218 and 232 of Directive 2006/112/EC for the period of 1 January 2024 until 31 December 2026 was published in the Official Journal of the European Union. […]
The Independent Authority for Public Revenue issued a decision on 15 June 2022 and extended the deadline until 30 June 2022 to transmit consolidated statements of customers and suppliers to the myDATA platform according to Law 4174/2013.
On 19 May 2022, the Danish Parliament passed a new accounting law that requires taxpayers to make their bookings electronically using a digital accounting system. This requirement will apply to all companies that are obliged to submit an annual report to the Danish Tax Authority and others that are not obliged to submit annual reports […]
In an effort to ease compliance burden on taxpayers, the Zakat (the Saudi Arabian Customs and Tax Authority, ZATCA), has announced that it will offer to subsidize e-invoicing solutions acquired by taxpayers. For this purpose, ZATCA established a new electronic service through which taxpayers may request a subsidy after providing certain details and the invoice […]
On 10 June 2022, the Council of the European Union published the Council Implementing Decision authorizing the Republic of Poland to apply a special measure derogating from Articles 218 and 232 of Directive 2006/112/EC. While it was expected that the mandatory e-invoicing would start as of 1 April 2023, the recently published decision stated that Poland requested […]
The National Agency for Fiscal Administration (ANAF) published the technical documentation for the e-transport system. The technical documentation includes APIs, sample XML files, schema and validation rules. The documentation is available here.
The Hungarian Tax Authority published in the test environment of the platform an update of the API documentation: Online Invoicing System 3.0 Interface Specification adding new ERROR, WARN, and INFO messages. Currently, this document is available only in Hungarian in the test environment; however, this document and its English version should be published soon in […]
Portuguese authorities have announced another delay to its expected new e-invoicing requirements, by issuing a Ministerial Order that prolongs the validity of PDF invoices for all tax purposes. This is not the first time the entry into force has been delayed, but this time the entry into force has been postponed from 1 July 2022 […]
The Draft Law on the approval of the Government Emergency Ordinance no. 120/2021 on the administration, operation, and implementation of the national e-invoicing system was enacted and published in the official gazette on 17 May 2022. According to the law; B2G e-invoicing will become mandatory as of 1 July 2022. Since November 2021, the RO E-Factura system […]
On 11 May 2022 Belgium Chamber of Representatives published a draft law amending the law of 2 August 2002 on combating late payment in commercial transactions, as last amended by the law of 28 May 2019, in order to implement electronic invoicing between companies (B2B). Based on the law proposal, companies (with the exception of […]
On the 5th of May 2022, the Slovakian Ministry of Finance presented a technical solution for the new IS EFA system, an e-invoicing platform for sending invoice data to the financial administration. Moreover, the Ministry of Finance has also communicated a new timeline for the implementation of e-invoicing framework: June 2022- the voluntary public testing […]
The Independent Authority for Public Revenue (IAPR) issued a decision on 28 March 2022 and abolished the requirement to file consolidated statements of customers and suppliers according to Law 4174/2013. Taxpayers must submit the consolidated statements until 27 May 2022 for the calendar year 2021. Considering that the tax authority receives the invoice data through the MyDATA […]
Romania introduced an e-Transport system, which will be used to monitor the transport of goods on the national territory. After minor revisions, the draft Emergency Ordinance was published in the Official Gazette on 11 April 2022 (GEO no. 41). The revisions made in the ordinance are: Addition of a provision regarding personal data protection The […]
The National Agency For Fiscal Administration (ANAF) has issued a draft order on April 8, 2022 to clarify products that are considered high fiscal risk products as part of the new e-transport framework. The order establishes five high-risk product categories as follows: Vegetables, plants, roots and tubers, foodstuffs falling within CN codes 0701 to 0714 inclusive […]
Romania introduced an e-Transport system, which will be used to monitor the transport of goods on the national territory. The Ministry of Finance has recently prepared a draft Emergency Ordinance (Ordinance) to clarify the details about the nature of the system, i.e., who would be impacted by it, when and how the system will work. […]
We have previously reported that as of 1 July 2022, Romanian taxpayers will be required to use the CTC e-invoicing system e-factura (regardless of whether or not the recipients are registered in the Romanian e-Invoice register), for B2B transactions involving products with high fiscal risks. The National Agency For Fiscal Administration has today issued an […]
The Government Emergency Ordinance (GEO) no. 130/2021 was published in Romania’s Official Gazette on 18 December. The legislative act includes significant changes with respect to the fiscal-budgetary measures, including the roll-out date for B2B e-invoicing and the introduction of the e-transport system. According to the GEO 130/2021, in B2B transactions involving products with high fiscal […]
According to a newly published decree (No: 619-2021), second group of companies registered at the Joint-Stock Department and Investment Department in Cairo are required to join the e-invoice system as of 15 February 2022. This decision was preceded by decree (No:443-2021) in September which obliged the first group of registered companies at the Joint-Stock Department […]