Japan’s Tax System
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
Tax Rules, Mandates and Regulations
Keep up on what’s happening in the digital transformation of tax worldwide.
Serbia’s E-Invoicing System
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 E-Invoicing System
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’s CTC Reforms and e-Invoicing Tax Changes
Israel E-Invoicing Plans for a continuous transaction controls system In an effort to combat VAT fraud, Israel is undergoing a tax reform. Currently under an
SAF-T Standards in Lithuania
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 Electronic Invoicing New Regulations
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’s VAT modernisation
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 Continuous Transaction Control Reforms
Slovakia VAT Requirements Slovakia introduces continuous transaction control The modernisation of tax and tax controls remains a high priority for Slovakia’s tax authority. The Slovakian
Vietnam’s New E-Invoicing System Launches 2022
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
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
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
Romania’s VAT regime
Romania’s VAT regime Romania introduces measures to digitally transform its tax administration and close the VAT gap Seeking to close its VAT gap, the Romanian
Saudi Arabia – E-Invoicing
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 2021 EU E-Commerce VAT Import One Stop Shop (IOSS)
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’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
The 2021 EU E-Commerce VAT Package One Stop Shop Partner
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
Electronic Tax Invoices South Korea
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
UK Making Tax Digital
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
E-Transformation Turkey
Turkey’s E-Transformation Journey Turkey has one of the most established Continuous Transaction Controls (CTC) systems in place outside of Latin America Turkey’s e-transformation started with
SAF-T Norway
Norway’s VAT Requirements Norway’s SAF-T reporting requirements are evolving as tax continues to digitize ReformDesigned to reduce the compliance burden and administrative costs associated with
E-Invoicing India
India’s Continuous Transaction Control e-invoicing model applies to both domestic and cross-border transactions India E-Invoicing Under the new Goods and Services Tax (GST) framework, the
E-Invoicing France
E-Invoicing France: All You Need to Know E-invoicing France From July 2024 to January 2026, France will implement mandatory B2B e-invoicing, as well as an
South Dakota v Wayfair Economic Nexus Threshold Table
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
Colombia E-Invoicing
E-INVOICING Colombia’s tax authority, the DIAN, has introduced changes to its e-invoicing model With lessons learned from the first iteration of e-invoicing in Colombia, the
RTIR Hungary
Hungary has been a pioneer in Continuous Transaction Controls (CTC) approach in the EU RTIR Hungary In 2018, Hungary established a legal framework requiring taxpayers
myDATA Greece
Greece to introduce continuous transaction controls (CTCs) for domestic and cross-border transactions Greece myDATA Greece introduced a new continuous transaction controls (CTC) scheme, myDATA –
State By State Marketplace Facilitator Tax Requirements Table
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 Tax Package and One Stop Shop (OSS)
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
Italy E-Invoicing
Italy Is the first Clearance E-Invoicing Model in the EU for all VAT transactions Italy: A European Pioneer in CTC e-invoicing Seeking to close one
Mexico E-Invoicing
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
South Dakota vs. Wayfair
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
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