Risk of missing trader VAT fraud in energy wholesale markets prompts zero-rating until December 2026 Poland is rolling over the application of the domestic reveres charge on wholesale electricity and gas supplies until 31 December 2026. The measure, introduced in 2023 (see below) was due
Ahead of Sept 2026 B2B e-invoicing mandate, French DGFiP confirms to join 20 other national champions of Peppol standard France’s tax authority, Direction Générale des Finances Publiques DGFiP, has confirmed today at a FNFE presentation it will become the French national authority, responsible for supporting
January 2025 rise to €100,000 annual sales threshold for compulsory VAT registration The Czech Republic is raising the VAT registration threshold on 1 January 2025 from CZK 2,000,000 to CZK 2,536,500 – which is the current equivalent of €100,000. This rise will synchronise the threshold
Standard Audit File for Tax SAF-T Harmonised transactional data schema for simplified exchange with tax authorities The countries below have implemented (or propose) the OECD’s Standard Audit File for Tax (SAF-T). This is an harmonised XML schema of company transaction data from accounting records for
Rises in intra-community goods arrivals reporting 1 January 2025 Cyprus has increased the annual thresholds for Intrastat arrivals reporting. This is the monthly declarations of goods’ movements across EU member state internal borders. This is only required of businesses that exceed the ‘dispatches’ (‘exports’ to
Digital Certificate to replace paper version by 1 July 2032 The EU’s regular meeting of Finance Ministers, ECOFIN, has approved on 10th December 2024 the proposed Electronic VAT Exemption Certificate. This follows a positive 6 November European Commission’s Working Party on Tax Questions progress review
Launch of myDATA goods e-delivery reporting regime delayed four months to April 2025 The Independent Authority for Public Revenue (IAPR) and the Greek Ministry of Economy and Finance have announced updates to the implementation of the e-delivery system on the myDATA platform, which enables real-time
Tax authority withdraws VAT on export services The Egyptian Tax Authority (ETA) has reformed its approach to value-added tax (VAT) on exported services by canceling two controversial 2019 Circulars. These Circulars required certain services exported from Egypt to be taxed based on the economic beneficiary’s
ViDA Pilot: Supporting ViDA via 5-corner e-invoicing Peppol Network The Open Peppol network has started in December 2024 its pilot program to demonstrate how Peppol 5-corner model can facilitate compliance with the B2B VAT in the Digital Age‘s first Pillar of reforms, agreed in November
Revenue Authority pre-completed VAT returns mandate Dec 2024 Kenya’s Revenue Authority (KRA) has confirmed the start this month of pre-filled VAT returns covering November 2024 transactions. Draft transaction data from Kenya’s e-invoicing TIMS platform will be used to populate the first version of the return.
