2025 Finance Bill proposes levying 19% VAT on electronic services The West African country of Republic of Niger’s government has submitted to Parliament its 2025 budget, which includes imposing VAT on the sale of digital services to consumers. The Bill also covers VAT on other
New regulations for purchasers of digital services B2C and withhold general sales tax Following the 1 December 2024 imposition of VAT withholding tax obligations on buyers of digital services from non-resident providers, Peru’s tax authorities have published new compliance regulations which come into effect on
2025 tough VAT Requirements for non-EU taxpayers with VAT fiscal representatives Italy has published two new, stringent regulations affecting non-EU resident entities engaging in VAT activities through an Italian VAT representative. These changes, set out in two decrees issued on 4 December and 9 December
Jan 2025 next phase Bookkeeping Act: digital booking; e-invoicing; and SAF-T The implementation of the Danish Bookkeeping Act main digital requirements is now underway. Under the 2022 Danish Bookkeeping Act, Danish resident businesses are mandated to record and store their accounting records on approved accounting
Spain modifies simplified REGE VAT group regime 1 January 2025 Under Spanish VAT law, the formation of VAT groups is permitted, aligning with the provisions of Article 11 of the EU VAT Directive (Council Directive 2006/112/EC). However, unlike most other EU member states, entities within
Retailers must notify BMF of electronic cash registers from 1 July 2025 From 1 July 2025, German businesses must register via MyElster their electronic or fiscal cash registers. This applies to existing registers; newly purchased registers from that date must be registered within 30 days.
EU standards body, CEN, revising EN 16931 e-invoicing for ViDA for June 2025 Following the approval of the VAT in the Digital Age reforms, including 2030 intra-community e-invoicing, the European standards organisation, CEN, has started work to amend the EU standard on e-invoicing, EN 16931-1.
e-invoicing for select sectors The Venezuelan tax authority, National Integrated Customs and Tax Administration Service (SENIAT) has updated in December 2024 the guidance on the use of electronic invoices. This helps eligible taxpayers apply for a license to use digital invoicing, and provides guidance on
Jan 2025: eFactură B2B e-invoicing regime extended to B2C; Simplified invoices; relaxed penalties Following B2B e-invoicing going mandatory on 1 July 2024, the Romanian Ministry of Finance has implemented from 1 January 2024 via draft Emergency Ordinance a number of new requirements. The full, eFactură
