The EU VAT Committee clarifies new e-invoicing and digital reporting rules under the VAT in the Digital Age (ViDA) Directive. Learn how mandatory e-invoicing affects businesses across the EU starting in 2025.
The Philippines’ Bureau of Internal Revenue (BIR) mandates e-invoicing for large taxpayers and e-commerce businesses by March 2026. Learn how to comply with the EIS portal, electronic invoice reporting, and tax regulations.
Slovenia has updated its e-invoicing draft law, postponing mandatory B2B e-invoicing to January 2027 and removing real-time reporting. Learn about the key changes, new compliance requirements, and how businesses should prepare for the transition.
Learn about the requirements for certified billing programs under the Anti-Fraud Law and how they impact business owners and professionals in Spain. Find out who needs to comply, how VERIFACTU works, and the future of mandatory e-invoicing in Spain.
Discover the impact of electronic invoicing and digital reporting in the EU, including the ViDA initiative, e-invoicing and e-reporting mandates, and XML data formats for automation. Learn about EDI benefits and the future of e-invoicing.
Hungary will require e-invoicing for electricity and gas suppliers by July 2025 to combat VAT fraud. Additionally, Real Time Invoice Reporting (RTIR) mandates real-time data submission to tax authorities for all invoices issued by registered businesses, highlighting the importance of compliance.
United Arab Emirates (UAE) is set to implement mandatory e-invoicing in 2026 as part of a significant shift in VAT law. MoF announced the requirements of the planned new decentralised system that will utilise the Peppol network. The mandate applies to all B2B and B2G transactions.
On 5 November 2024, the Council of the European Union, focusing on Economic and Financial Affairs (ECOFIN), convened in Brussels. The meeting adopted a comprehensive agenda tackling both legislative and non-legislative matters critical to the economic framework of the EU. One of the key agenda points discussed is the VAT
Starting 1 January 2025 the German e-invoicing mandate will begin, with a phased rollout extending until early 2028. Acknowledging the significance of this change, the tax authorities issued a draft introductory letter on the new e-invoice in June 2024. On 15 October 2024, they released the final introductory letter, outlining
There is a possible delay in the implementation of electronic invoicing in Spain – yet again! The Spanish Tax Agency plans on implementing electronic invoicing and reporting in two separate drives – Verifactu on the one hand and mandatory B2B invoicing, as introduced by the Crea y Crece law on the other.
On 23 September 2024, the UK Chancellor of the Exchequer announced plans to focus on improving the UK’s tax system to help fix the foundations of the UK economy. Included in the package, HMRC will also launch a consultation on electronic invoicing shortly. This will promote the wider use
On 18 July 2024, Israel’s Tax Authority (ITA) introduced an updated version of its technical specifications for its electronic invoicing mandate. This new version details the clearance Continuous Transaction Control (CTC) model that taxpayers must adhere to claim VAT deductions on cleared invoices. According to these revised technical specifications,