Regulatory Analysis

Posted July 24, 2024 by Dilara İnal
Israel: New Invoicing Documentation Published

The Israeli Tax Authority (ITA) has released a new version of its documentation on invoicing services. The updated document introduces enhanced services and explains alternative methods to follow in case of a delay after the submission of invoice data. Israel implemented its Continuous Transaction Control (CTC) clearance mandate in May 2024. Under this new system, […]

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Posted July 22, 2024 by Marta Sowińska
Slovenia: Proposal to Introduce Mandatory B2B e-Invoicing Published

Slovenia has released a draft proposal for the Act on the Exchange of Electronic Invoices and Other Electronic Documents, aiming to implement mandatory Continuous Transaction Controls (CTC) e-invoicing in the B2B sector. Initially, the proposal doesn’t cover B2C transactions, where consumers could choose between e-invoices and paper invoices. In either case, e-invoices will be reported […]

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Posted July 19, 2024 by Marta Sowińska
Poland: News on KSeF from MoF Pre-Consultation

Yesterday, 18 July 2024, the Polish Ministry of Finance (MoF) held a pre-consultation with businesses and other stakeholders regarding potential changes to the upcoming e-invoicing system, KSeF. The main consultations are going to take place from September 2024. The discussions covered 3 topic areas: 1) B2C e-invoices 2) additional postponements and sanctions 3) issuance of […]

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Posted July 17, 2024 by Victor Duarte
Spain: Draft Regulation Submitted to EU Commission

The Spanish Authorities submitted to the EU Commission a draft Order developing the technical, functional, and content specifications to be adopted by computer or electronic systems and software supporting the invoicing processes of economic operators and professionals, and the standardization of invoicing record formats. This draft Order develops the standards for systems known as SIF […]

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Posted July 15, 2024 by Marta Sowińska
Belgium: Guidelines Issued for Mandatory B2B e-Invoicing Starting 1 January 2026

The Belgian Federal Public Service Finance has published the official guidelines for mandatory B2B e-invoicing, which will take effect on January 1, 2026. Here are some of the key points covered in the guidelines: Format of E-Invoices: The guidelines explain what constitutes a structured invoice and how alternative formats can comply with the EN standard. […]

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Posted July 15, 2024 by Dilara İnal
Saudi Arabia: New Taxpayer Group in Scope of Phase 2 of e-Invoicing Announced

The Saudi Arabian Tax and Customs Authority, ZATCA, announced the 13th wave of Phase 2 of e-invoicing. The 13th wave covers taxpayers with at least SAR 7 million (app. USD 1.8 million) revenue subject to VAT for 2022 or 2023. Taxpayers within this group are expected to integrate as of 1 January 2025. Phase 2 of e-invoicing introduces additional requirements for […]

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Posted July 3, 2024 by Inês Carvalho
Romania: E-transport Extended Grace Period for Authorized Economic Operators

On June 28, 2024, the Romanian government issued a new Government Emergency Order postponing the grace period for the e-transport mandate for international transport of goods until January 2025. The extended grace period, during which no penalties will be imposed, applies only to entities with Authorized Economic Operators status under Article 38 of Regulation (EU) […]

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Posted June 24, 2024 by Mariadelc Aguilar
Dominican Republic: List of Tax Payers Obliged to Issue Electronic Tax Receipts is Published (e-CF)

The DGII issued the Notice RNC: 401-50625-4, which includes the list of Large Local and Medium Taxpayers that are required to comply with the issuance of electronic tax receipts (e-CF) no later than May 16, 2025. This is 24 months from the entry into force of the aforementioned Law (May 16, 2023). 11-24.pdf (dgii.gov.do)

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Posted June 24, 2024 by Dilara İnal
Germany: B2B E-Invoicing Draft Guideline Released

The German Ministry of Finance (MoF) released a draft guideline on June 13, 2024, detailing the upcoming B2B e-invoicing mandate. The highlights from the guidelines are that: The MoF plans to introduce an e-reporting system for invoice details at a later stage, with no set date. E-invoicing exemptions include tax-free services, invoices under 250 euros, […]

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Posted June 24, 2024 by Marta Sowińska
Lithuania: Updated Transition Plan Announced for B2G e-Invoicing Via New SABIS Platform

As announced earlier this month, the Lithuanian National Centre for General Functions (NBFC) is launching a new platform for the submission of B2G e-invoices. The platform called SABIS, is going to replace the pervious E-sąskaita. The transition from the E-sąskaita to SABIS platform was initially set to begin on 1 July 2024, yet now the […]

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Posted June 20, 2024 by Inês Carvalho
France: Updated External Specifications for e-Invoicing and e-Reporting

The French authorities published the updated version of the ‘External specifications file for electronic invoicing’. After an extensive process of consultation with interested stakeholders, the DGFiP recently published a new version of the French e-invoicing mandate External Specifications file. This latest version constitutes the ‘source of truth’ for describing the functional principles of the central […]

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Posted June 20, 2024 by Marta Sowińska
New Zealand: e-Invoicing Discussions Ongoing

New Zealand has recently signed an e-invoicing Memorandum of Agreement (MoA) with Singapore, whereby the countries have agreed to cooperate on initiatives that promote, encourage, support, or facilitate the adoption of e-invoicing by businesses. In addition, mandatory e-invoicing is being discussed within the e-Invoicing Adoption Leaders Group, which includes representatives from both the business and […]

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Posted June 20, 2024 by Inês Carvalho
Romania: Draft Legislation Proposes a New B2C e-Invoicing Mandate

On June 18th, The Romanian Ministry of Finance published a Draft Order intended to expand the scope of the electronic invoicing mandate in the country to include B2C transactions. In the context of electronic invoicing, B2C transactions are defined as occurring between a taxable entity established in Romania and a non-taxable person. The implementation of […]

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Posted June 6, 2024 by Marta Sowińska
Latvia: Mandatory B2B and B2G e-Invoicing

Following the plans announced earlier this year, Latvian Ministry of Finance (MoF) published the draft amendments to the Accounting Law, aiming to implement mandatory B2B and B2G e-invoicing. Taxpayers registered in Latvia will be obliged to issue e-invoices, following the EN 16931 standard, if the goods or services are supplied to a recipient in the […]

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Posted June 5, 2024 by Dilara İnal
India: Launch of E-Way Bill 2 Portal

The National Informatics Centre (NIC) launched the E-Way Bill 2 Portal on 1 June 2024. This new portal runs parallel to the main e-way bill portal, ensuring high availability and synchronization of e-way bill details within seconds. Main portal login credentials can be used on the new portal, which also provides web and API modes […]

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Posted June 4, 2024 by Marta Sowińska
Lithuania: B2G e-Invoicing Via SABIS

Following the implementation of the project “Modernization of the information system “E- sąskaita”, starting from 1 July 2024, the submission of the invoices to public sector entities and other contracting authorities will be moved from the E-sąskaita system to the General Information System for Account Administration (SABIS). Based on Resolution no. 405, the invoices must […]

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Posted May 29, 2024 by Dilara İnal
Saudi Arabia: New Taxpayer Group in Scope of Phase 2 of e-Invoicing Announced

The Saudi Arabian Tax and Customs Authority, ZATCA, announced the twelfth wave of Phase 2 of e-invoicing. The twelfth wave covers taxpayers with at least SAR 10 million (app. USD 2.6 million) revenue subject to VAT for 2022 or 2023. Taxpayers within this group are expected to integrate as of 1 December 2024. Phase 2 of e-invoicing introduces additional requirements for […]

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Posted May 3, 2024 by Dilara İnal
Saudi Arabia: New Taxpayer Group in Scope of Phase 2 of e-Invoicing Announced

The Saudi Arabian Tax and Customs Authority, ZATCA, announced the eleventh wave of Phase 2 of e-invoicing. The eleventh wave covers taxpayers with at least SAR 15 million (app. USD 4 million) revenue subject to VAT for 2022 or 2023. Taxpayers within this group are expected to integrate as of 1 November 2024. Phase 2 of e-invoicing introduces additional requirements for […]

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