Malaysia E-Invoicing
Malaysia CTC e-invoice Reporting: From August 2024, e-invoicing in Malaysia will become mandatory for taxpayers with an annual turnover or revenue of more than RM100
Keep up on what’s happening in the digital transformation of tax worldwide.
Malaysia CTC e-invoice Reporting: From August 2024, e-invoicing in Malaysia will become mandatory for taxpayers with an annual turnover or revenue of more than RM100
e-invoicing in Poland: B2B, B2G, KSeF The state of Poland’s e-invoicing requirements is in flux. While B2G transactions have required electronic invoices since April 2019,
VAT Compliance in Poland: An Overview for Businesses Poland VAT compliance can be a tall task for those yet to devise a future-proof strategy. Considering
VAT Compliance in Romania: An Overview for Businesses Romanian VAT Compliance can be described as a layered system conflated with different declarations and requirements, from
Dominican Republic e-invoicing The Dominican Republic is just one of the many nations that are turning to e-invoicing. From 2024, established taxpayers will be required
Romania e-invoicing E-invoicing in Romania is developing fast. With a current B2G and High Fiscal Risk B2B mandate already in place and a new obligation
Romania SAF-T declaration Since 2022, medium and large taxpayers in Romania have had to report their VAT electronically to the tax authority under the international
Spain e-invoicing: What you need to know Spain e-invoicing Spain is one of many European countries to adopt e-invoicing for taxpayers. With several standards to
VAT Compliance in Spain for Businesses Recent tax updates in Spain: • B2B e-invoicing draft regulation published• New invoicing requirements draft regulations• A quick guide
Japan’s Tax System Japan’s Tax System Starting with the introduction of a multiple tax rate system in 2019, Japan is in the middle of a
Serbia E-invoicing Serbia is in the process of introducing mandatory e-invoicing for all taxpayers Following other Eastern European Countries such as Poland and Romania, Serbia
Indonesia’s VAT requirements Indonesia’s e-invoicing system and continuous transaction controls After experiencing challenges in its tax control system, Indonesia’s e‑invoicing system, locally known as e‑Faktur,
Israel e-invoicing Israel is set to implement a continuous transaction controls (CTC) model that will require businesses to submit invoice data in electronic format for
Lithuania’s VAT Requirements Lithuania’s SAF-T Standards Framework Seeking to modernise and digitize its tax systems, the Lithuanian Customs Office of the State Tax Inspectorate announced
Thailand’s New Approach to Electronic Invoicing New regulations for e-tax invoicing and receipts expected soon. Thailand’s current e-invoicing legal framework has been in effect since
Luxembourg VAT Requirements Luxembourg to implement SAF-T and e-invoicing Luxembourg is one of many European countries to implement SAF-T and e-invoicing to provide greater visibility
Slovakia VAT Requirements Slovakia expands continuous transaction controls (CTCs) The modernization of tax and tax controls remains a high priority for Slovakia’s tax authority. The
Vietnam’s E-Invoicing Launch Introducing e-invoicing mandates for VAT in Vietnam. Over the last 10 years, the Vietnamese government has worked on developing a solution to
Philippines VAT Requirements VAT in the Philippines There have been improvements in recent years to VAT revenue collection in the Philippines, but there are a
China’s E-Invoicing Expansion The move to customer facing e‑invoices grows in China. China’s VAT digitization journey began nearly two decades ago with the rollout of
Tax in Romania: All you need to know about Romania’s VAT regime Romania introduces measures to digitally transform its tax administration and close the VAT
Saudi Arabia – E-Invoicing Saudi Arabia leads the way to continuous transaction controls in the Gulf Saudi Arabia e-invoicing from December 2021 Saudi Arabia introduced
The VAT Import One Stop Shop (IOSS) Simplify EU VAT with IOSS in one single return The Import One Stop Shop (IOSS) is here. Simplify your EU
Portugal’s VAT Regime Portugal pushes further ahead with VAT digitization Back in 2019, Portugal passed a mini e-invoicing reform consolidating the country’s framework around SAF-T reporting and
Have your customers been impacted by the 2021 EU E‑Commerce VAT Package and One Stop Shop (OSS)? Simplifying cross-border B2C trade in the EU On
South Korea’s Long Standing e-Tax Invoice System South Korea E-Invoices South Korea introduced its Electronic Tax Invoice System i.e. e-Tax in 2010. Since 2011, this
Making Tax Digital: All You Need to Know What is Making Tax Digital? The UK government introduced Making Tax Digital (MTD) with the aim of
What is Turkey’s E‑Transformation? While many governments and tax authorities are now on an e-Transformation journey, this trend began in Latin America in the early
VAT in Norway: All you need to know about Norway’s SAF-T Requirements Norway’s SAF-T reporting requirements are evolving as tax continues to digitize ReformDesigned to
E-Invoicing India: All You Need to Know India E-Invoicing Requirements Under the new Goods and Services Tax (GST) framework, the Indian e-invoicing system falls under
E-Invoicing France: All You Need to Know E-invoicing France France will implement mandatory B2B e-invoicing, as well as an e-reporting obligation. This mandate impacts all
South Dakota v. Wayfair Economic Nexus Threshold Table Sovos has put together an economic nexus thresholds table to keep you informed of each state’s effective
Electronic invoicing in Colombia Electronic invoicing in Colombia, often referred to as Colombia facturacion electronica, is mandated for established taxpayers. While it was an early
Tax in Hungary: All you need to know about RTIR Hungary RTIR Hungary In 2018, Hungary established a legal framework requiring taxpayers to use a
Greece myDATA In 2020, Greece introduced a continuous transaction controls (CTC) scheme, called myDATA – an e-audit system. myDATA requires taxpayers to transmit transactional and
Marketplace Tax Liability Requirements Table Sovos has put together a marketplace facilitator sales tax collection requirements table to keep marketplace sellers informed of each state’s
The 2021 EU E-Commerce VAT Package and One Stop Shop (OSS) VAT package simplifying cross-border B2C trade in the EU From 1 July 2021, the
E-invoicing Italy: All you need to know Italy was the first country in the region to introduce a clearance e-invoicing model with the Sistema di
Mexican electronic invoicing system Mexico’s electronic invoicing requirements: Mexico has one of the most sophisticated electronic invoicing systems in Latin America. Known locally as Comprobante
Sales Tax Nexus Solve Your Sales Tax Nexus Challenges for Good The recent Supreme Court decision “South Dakota v. Wayfair” redefined what constitutes economic nexus
Brazil e-invoicing regulations Brazil has a mature but extremely complex e-invoicing system In 2008, Brazil adopted a clearance electronic invoicing model in which the country’s