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France VAT B2B e-invoicing and B2C e-reporting July 2024 – technical details released

12 October 2022 in

e-invoice

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

Uganda VAT e-invoicing & e-receipt EFRIS

24 September 2022 in

e-invoice

Large taxpayers must live report sales invoices to tax authorities The Ugandan tax authority URA has introduced mandatory real-time e-invoicing and receipt reporting from 20 June 2022. This applies to businesses with annual sales in excess of UGX 2 billion and / or more than

France VAT B2B e-invoicing and B2C e-reporting July 2024 – update

30 August 2022 in

e-invoice

French mandatory e-invoicing confirmed; fines regime The French Parliament has adopted the provisions of the Finance Law 2022, which includes the phased introduction of e-invoicing. A late addition to the rules is the penalty regime for missed e-invoices. This will be: For taxpayers: €15 per

Panama mandatory SFEP VAT e-invoicing delay

22 August 2022 in

e-invoice

DGI delays for roll out of mandatory e-invoicing to October 2022 Since 2021, a pilot roll out is underway of mandatory e-invoicing for all new taxpayers on the Electronic Invoicing System SFEP (sistema de facturación electrónica de Panamá). Part of the aim of the pilot is to

France VAT B2B e-invoicing and B2C e-reporting July 2024 – v2.1 update

18 August 2022 in

e-invoice

New technical guidance (version 2.1) for July 2024 1st wave of mandatory electronic invoicing (B2B) and electronic reporting (B2C) France’s General Directorate of Public Finance has published further technical guidance for the July 2024 launch of its mandatory B2B e-invoicing regime for resident business. The latest

Panama mandatory SFEP VAT e-invoicing update

13 August 2022 in

e-invoice

DGI prepares for January 2023 final rollout phase of electronic invoicing. Since 2021, a pilot roll out is underway of mandatory e-invoicing for all new taxpayers on the Electronic Invoicing System SFEP (sistema de facturación electrónica de Panamá). Part of the aim of the pilot is to

Chile DTE e-invoice update

10 August 2022 in

Chile

Chile drops daily sales summary for e-invoicing From 1 August 2022, tax payers who must submit daily sales reporting will no longer be required relieved of the requirement. Instead, the tax authorities will rely on DTE (see below) to complete their electronic sales and purchase

Brazil Nota Fiscal Eletrônica NF- e-invoicing update

3 August 2022 in

Brazil

Small businesses must adopt government Simples Nacional e-invoicing from 1 January 2023 Micro businesses using the consolidated tax Simples Nacional regime must use centralised portal (CGSN Resolution No. 169 of July 27, 2022). Simples Nacional enables a single reporting for a host of Brazilian taxes,

India to cut e-invoice threshold to ₹10 crore from October 2022

1 August 2022 in

e-invoice

Further drop in annual sales threshold for India GST payers to adopt electronic invoicing The government has approved a new cut in the annual sales threshold to ₹10 crore (approx.$120 million per annum) for taxpayers mandated to adopt Indian e-invoicing. This will come into effect

South Korea VAT e-invoice e-Tax – threshold cut July 2023

25 July 2022 in

e-invoice

Threshold on electronic reporting of e-invoices cut to KRW 100m from 1 July 2023 South Korea’s near real-time e-invoicing regime will be made mandatory for a larger group of companies as it cuts the reporting annual sales threshold from KRW 200m to KRW 100m (approx.

Tag: e-invoice