Regulatory Analysis

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Posted September 16, 2021 by Filippa Jörnstedt
France postpones roll-out of mandatory B2B e-invoicing reform

The French Council of Ministers announced on September 15 the decision to implement a country-wide e-invoicing and e-reporting obligation according to a revised calendar: from July 1st, 2024, all companies headquartered or established in France will have to accept e-invoices from their suppliers. at the same date, issuing e-invoicing in lieu of paper will become […]

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Posted August 12, 2021 by Gabriel Pezzato
BRAZIL’s NF3e postponed

The Sinief Agreement 14/21 introduced changes in the NF3e framework. The Agreement established a deadline for the transmission of the NF3e issued in contingency mode, which must be transmitted immediately after the end of the contingency scenario. It also introduced the contingency scenario during the use of mobile equipment of electricity consumption reading when such […]

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Posted August 12, 2021 by Gabriel Pezzato
BRAZIL’s NFCE: unique identification postponed

The Sinief Agreement (Ajuste Sinief) 17/21 postponed the requirement for an NFCe to be uniquely identified by an identifier comprising the CNPJ (tax id) of the issuer, number, series and issuance type until 5 September 2022. Previously expected to be enforced in 1st September 2021, the requirement was delayed by one year. The States of […]

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Posted August 12, 2021 by Gabriel Pezzato
BRAZIL’s NFe and NFCe: Obligation to appoint the intermediary’s tax ID postponed

Brazil’s tax authorities delayed the inclusion of the CNPJ (tax ID) of the intermediary or agent in commercial transactions performed in a physical or virtual environment. The publication of version 1.30 of the Technical Note (NT) 2020.006 implements the Sinief Agreements (Ajustes Sinief) 19/21 and 20/21, postponing the content requirement for NFes and NFCes, respectively.

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Posted August 3, 2021 by Joanna Hysi
Poland: Krajowy System e-Faktur moves to next phase of legislative process

Progress has been made in the roll-out of the Polish CTC (continuous transaction control) system, Krajowy System of e-Faktur. In June, the Ministry of Finance announced it had reviewed all comments submitted by the public and Polish ministers on the CTC system and decided to take certain actions, including introducing a testing phase for the […]

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Posted July 29, 2021 by Gabriel Pezzato
Portugal: B2G PDF e-invoices accepted until December 2021

Once again, Portugal published a ministerial order de facto amending the timeline for the implementation of its B2G electronic invoice mandate. According to the Despacho 260/2021-XXII, the Portuguese public administration will continue to accept B2G invoices in PDF format until 31 December 2021.

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Posted July 14, 2021 by Selin Adler Ring
INDIA: QR code requirement for B2C invoices has been deferred once more

Ever since the introduction of mandatory e-invoicing in India, B2C transactions have been excluded from the scope of mandatory e-invoicing. For these transactions specifically, there is a separate requirement: taxpayers with an annual threshold of 500 Cr. rupees or more must include a self-generated dynamic QR code on B2C invoices. Even though this requirement was […]

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Posted July 9, 2021 by Gabriel Pezzato
Italy and San Marino: Clearance and exchange of import and export invoices

Supplies between Italy and San Marino are accompanied by a set of customs obligations. After the introduction of the Italian e-invoicing mandate in 2019, Italy and San Marino started negotiations to expand the use of e-invoices in cross-border transactions between the two countries. Those negotiations are now complete and the details are available. More information […]

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Posted July 7, 2021 by Gabriel Pezzato
Brazil: NCM table changed

The Technical Note 2016.003 has been updated and is now in version 2.00. The Technical Note changes the NCM table and is effective from July 2021. The NCM codes are part of NFe content and identify goods in Mercosul/Mercosur.

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Posted July 7, 2021 by Gabriel Pezzato
Brazil: Buyer’s response deadline changed

The Technical Note 2020.001 has been updated and is now in version 1.10. The new version implements regulatory updated introduced by the Sinief Agreement 44/20, changing deadlines for buyer’s responses on the NF-e flow, as follows: – Events confirmation, non-confirmation, or transaction not performed: up to 180 days after clearance; – Acknowledgment of an NF-e: […]

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Posted June 18, 2021 by Gabriel Pezzato
Brazil NFe: Schema of the NT 2021.001 published

The schema of version 1.00 of the NT 2021.001 has been published. The NT 2021.001 introduces the new NFe event “proof of delivery of the NFe”. The event registers a proof of delivery of the supply to its recipient, and can be used from 22 June 2021.The schema of version 1.00 of the NT 2021.001 […]

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Posted June 17, 2021 by Selin Adler Ring
Turkey: New Requirement to Notify the TRA about Objection Requests

The Turkish Revenue Administration (TRA) has published updated guidelines on the cancellation and objection of e-fatura and e-arsiv invoices. Two different guidelines are updated: the guidelines on the notification of cancellation and objection of e-fatura, and the guidelines on the notification of cancellation and objection of e-arsiv. The updated guidelines aim to inform taxable persons […]

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Posted May 12, 2021 by Selin Adler Ring
Russia is introducing partially mandatory e-invoicing from 1 July 2021

Russia is introducing a new system for traceability of certain goods that will come into effect on 1 July 2021. Federal Law No. 371-FZ will amend the Russian Tax Code to introduce the new procedure for the traceability system, which will bring with it the introduction of mandatory e-invoicing for taxpayers dealing with traceable goods. […]

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Posted April 8, 2021 by Selin Adler Ring
INDIA: Deferral of QR code requirement for B2C invoices and technical changes in the e-invoicing system

The Indian authorities have recently announced two significant changes related to its e-invoicing framework: While invoices relating to B2C transactions are not within the scope of mandatory e-invoicing in India, it is mandatory to include a self-generated QR code on B2C invoices. The Central Board of Indirect Taxes and Customs (CBIC) has now extended the […]

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Posted March 16, 2021 by Joanna Hysi
Bulgaria is considering the introduction of mandatory e-invoicing

The National Revenue Agency (NRA) with industry stakeholders are discussing the idea of introducing mandatory e-invoicing. By the end of 2021 a decision will be reached. ​ In parallel, changes for till reporting are proposed and are subject to public consultation. The changes will allow online retailers to not use cash registers but report their […]

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Posted December 23, 2020 by Selin Adler Ring
Saudi Arabia Mandates E-invoicing from 4 December 2021

The initial Saudi E-invoicing Regulation (Regulation) was enacted on 4 December 2020, but the details of the framework are yet to be published. The new framework is set to go live a year from now, on 4 December 2021, and will apply to all resident taxable persons, as well as any third party who issues […]

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Posted December 18, 2020 by Gabriel Pezzato
Poland to introduce e-invoicing via a centralized platform in 2021

The Polish Ministry of Finance yesterday announced a timeline for its plans to introduce a Continuous Transaction Controls (CTC) scheme, with a roll-out to start at the end of 2021.  By the end of 2021, e-invoicing via a centralized platform will be made available, but still remains optional for companies; from 2023 it will be mandatory for […]

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Posted October 24, 2020 by Victor Duarte
Vietnam: New Decree officially delays the e-invoicing mandate to 1 July 2022

Several months after a draft Decree on invoicing was published, the Vietnamese Government approved on 19 October 2020 the Decree 123/2020/ND-CP regulating invoices and documents. This Decree postpones the e-invoicing mandate until July 1, 2022. The new deadline is in line with the date of implementation of the rules concerning the e-invoicing system envisaged in […]

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