KSeF e-invoices mandated 1 January 2024; new e-Mikrofirma version launched Poland is gearing-up for the mandated B2B e-invoicing regime from January 2024. It has been voluntary since the start of 2022. The Ministry of Finance has released the latest version of the e-mikrofirma application (see below)
Latest threshold drop brings thousands more taxpayers into electronic invoicing requirements From 1 January 2023, the next round of Indian taxpayers obliged to digitally authenticate sales invoices with the GST Invoice Registration Portal operated by the GST Network. The annual sales threshold for clearing e-invoices
ViDA reform conclusions 7 December 2022: Single VAT registration in the EU; Digital Reporting Requirements; and Digital Platforms and VAT The European Commission is set to publish its VAT in the Digital Age VAT Directive amendments on 7 December 2022. Read our ViDA reform predictions. The
Technical details published for e-invoicing any payment data published; includes requirements for agent ‘dematerialisation platforms’ Decree No. 2022-1299 of 7 October 2022 cover the rules for electronic invoicing in transactions between persons subject to value added tax and the transmission of transaction data. This covers
Washington first state to extend sales taxes to NFT sellers and retailers Washington has become the first US state to bring Non-Fungible Tokens (NFTs) trading within its sales tax regime. Since July, sellers or retailers must charge the 6.5% state tax and 0.471% Business &
Inflation hits 22.5% in September prompts agreement to lower taxes on domestic heating to 5% The Lithuanian Parliament has agreed to reduce the VAT rate on domestic heating from 21% to 5%. This would apply to hearing energy and hot water supplies. It will apply
Major global Value Added Tax and Goods and Services Tax changes from 1 October 2022 To get free regular e-mail alerts on global VAT or GST changes, sign-up to our newsletter Or check global VAT rates in over 300 jurisdictions here
Lack of definition puts uncertainty on UK VAT obligations for traders and marketplaces The UK’s HMRC has yet to confirm the Value Added Tax status of Non-Fungible Tokens (NFT’s), blockchain certificates of digital and physical assets. Whilst cryptocurrencies, another type of crypto asset, has been
