Seller, buyer, certified agents and tax authorities in open e-invoice model As global e-invoicing mandates expand, the long-term popularity of 5-corner e-invoicing decentralised model is emerging as the end game
VAT Information Exchange System relaunches as database for intra-community digital reported transaction The European Commission is to launch in July 2030 a new version of VAT Information Exchange System (VIES)
New government will not update VAT Group rules The new German coalition government has confirmed it will not update the rules of for German VAT groups. This disappointing news came
EU standards body, CEN, revising EN 16931 e-invoicing for ViDA for September 2025 Following the approval of the VAT in the Digital Age reforms, including 2030 intra-community e-invoicing, the European
Jan 2026 SIF VERI*FACTU approved invoicing software large companies; July 2026 other businesses 7 April 2025: updated Frequently Asked Questions published by the Agencia Tributaria coverage proposed new electronic billing
EU alerts may rekindle DST on threat of US retaliatory tariffs The European Commission President, Ursula von der Leyen, has raised the prospect of restarting discussions between the EU 27
Media reports ANC may cancel VAT increase; Parliament had agreed two, 0.5% rises – May 2025 & April 2026 – to 16% 14 April 2025: South African media is reporting
ViDA 3-pillars reforms now in force following Council approval in March 2025 The Council of the European Union on 11 March 2025 adopted 3-pillar ViDA reforms’ legislative measures, and it
Coalition divided as Japan weighs Consumption Tax cut imid inflation and U.S. tariffs nerves Japan’s ruling coalition is increasingly divided over how to address rising living costs and economic uncertainty
China Launches Instant VAT Refund Mechanism for Foreign Tourists, Aligning with Global Best Practices In a major advancement for inbound tourism and retail, China has officially launched a real-time Value-Added
Ministry of Finance confirms Feb 2026 KSeF 2.0 B2B e-invoicing; new timeline law & technical spec’s; penalty soft landing delay to 1st Jan 2027 The Polish Ministry of Finance has
Mozambique Tax Authority update on SAF-T and monthly reporting Standard Audit File for Tax preparations As part of the preparation for implementing the OECD Standard Audit File for Tax (SAF-T)
New coalition government confirms reintroduce 7% reduced VAT rate from 1 January 2026 The new German coalition government of the CDU and SDP has on 9 April 2024 confirmed it
Extension of VAT liability timescale; refund changes; easier refunds Poland is working on an amendment to various tax laws, most notably the Tax Ordinance and the VAT Act. The objective of
Annual VAT registration thresholds and Intrastat dispatches & arrivals The table below provides the latest European VAT registration thresholds for resident and non-resident (foreign) businesses, plus Intrastat reporting threshold. Separately,
10th April 1954 France adopted VAT in Ivory Coast; now implemented in 175 countries Value Added Tax turns 71 today, 10th April 2025. It was first introduced in April 1954
Changes to rates for energy, energy renovations, and other projects The French Finance Act has amended several rates on various supplies, as follows: Electricity or Natural Gas Fuel Subscription Old
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