Jan 2026 SIF VERI*FACTU approved invoicing software: new technical specifications 28 Oct 2024: The newest technical specifications (Order HAC/1177/2024) have been gazetted for the new computerised invoicing requirements (SIF) detailing
2025 – Many businesses taken out of the intra-community reporting requirement Bulgaria has raised the annual reporting thresholds for Intrastat for January 2025. Intrastat is EU-wide (usually) monthly reporting regime
OECD Report to G20 includes Pillar 1 reforms update as countries reactivate Digital Services Taxes The OECD has updated Finance Ministers of the G20 on progress on tax talks, including
2025 no change to EU – Northern Ireland Intrastat thresholds The UK’s HMRC has confirmed that there will be no change to the EU – Northern Ireland (NI) Intrastat reporting
VAT imposed on print and digital news The Argentinian Presidential office has confirmed on 21 October that supplies of print and digital versions of newspapers, magazines and similar publications and
Delayed VAT code modernisation 1 January 2025- improved credit refunds, extended deadlines backed by tougher fines approved Belgium has gazetted on 23 October delayed compliance reforms (initially planned for Jan
President drops 2025 tax reform bill introducing 18% VAT on non-resident providers of e-services The Caribbean island state of Dominican Republic has withdrawn plans to implement VAT liabilities for foreign
Zero-VAT measure until April 2025 Lithuania is progressing a Bill to reclassify the supply of residential fuel and hot water from the 9% reduced rate to zero. The measure, not
Malaysian Ministry of Finance 2025 Budget Proposal On October 18, 2024, the Malaysian Ministry of Finance presented its 2025 Budget Speech, introducing several notable changes to the country’s tax regime
Pillar 2 delay to January 2030 (voluntary Jul 2028) with 10-year opt-out proposal to unlock Estonia’s veto on VAT in the Digital Age. ViDA confirmed on 5th Nov ECOFIN agenda
Swiss Federal Council backs 0.7% VAT increase in 2026 to fund pensions rise The Swiss Cabinet on 16 October 2024 approved a draft decree for a VAT hike from 0.4% to
EU Working Party on Tax reviews Fiscal representation to encourage adoption of IOSS and close VAT fraud Proposals are being discussed on 6 November 2024 at the EU’s Working Party
Parliament reviews behavioural taxes under EU control: VAT; alcohol; tobacco; and energy products The EU Parliament has published a briefing on behavioural taxation, which can be used to influence consumer
Finance Committee considers hiking Digital Services Tax from 3% to 5% France’s Finance Committee of the National Assembly is reviewing an amendment (I-735) to the 2025 budget to raise the
Parliament approves VAT registration threshold rise to acknowledge record inflation Sweden’s Riksdag parliament has signed-off on raising the 2025 annual sales threshold for VAT registration from SEK 80,000 to SEK
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
E-commerce platforms may have to collect VAT on behalf of their sellers The General Department of Taxation is considering imposing VAT collection obligations – deemed supplier – on online marketplaces.
2025 Finance Bill includes hike from 13% to 19% for goods The Tunisia government has issued its Finance Bill for 2025 which includes the following reclassifications to VAT rates. Presently,
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