E-invoicing System EIS Jan 2024 launch now on hold The Philippines Bureau of Internal Revenue (BIR) launched 1 July 2022 mandatory VAT e-invoicing for around 100 large taxpayers based on the Tax Reform for Acceleration and Inclusion Act (TRAIN) Act. The plans for a large-scale
Pre-clearance electronic invoice model – Continuous Transaction Controls CTR Slovakia has become the latest European e-invoice candidate with the launching of a public consultation and plans implement requirement for B2G e-invoicing in Autumn 2023 (a second delay from Jan and then April 2023) – informačný
SIFEN e-invoicing small company mandate April to Aug 2024 Paraguay has confirmed 1 April 2024 as the start for small businesses to adopt the SIFEN National Integrated Electronic Invoicing System – based on its e-Kuatia platform for small businesses. The tax authorities have named over 1,000 taxpayers affected
Paper invoices become invalid as mandatory e-invoicing rolled out B2B and B2C Egyptian tax payers will no longer be able to rely on paper VAT invoices for the purposed of VAT deductions from 1 July 2023. This follows the phased introduction of mandated e-invoices and
Phased rollout of pre-clearance Electronic Billing System from May 2024 The Mauritius Revenue Authority (MRA) has confirmed the introduction of mandatory e-invoicing for businesses operating based on a Continuous Transaction Controls CTC model. The first, large tax payers, RS 100m turnover, will be expected to
Proposed VAT B2B & B2G e-invoicing & real-time reporting Public consultation extended by Revenue Commissioners The Irish Minister for Finance has announced on 10 October 2023 the opening of a public consultation on Ireland’s digitalisation of VAT Invoicing and Reporting System. This was part of
Jan 2024: non-residents required to register on Electronic Tax Invoice management system (TIMS) The Kenyan Revenue Authority KRA now requires any non-resident businesses to register on TIMS to generate e-invoices for supplies to domestic customers. This is a requirement even if the foreign business is
Tax authorities stage a coup d’etat of taxpayers’ VAT returns – EU VAT in the Digital Age next? What’s the hottest topic in tax authorities’ minds? Live reporting? VAT on digital services? E-invoicing. No! It’s a much more fundamental shift of tax reporting control from
IS ESF mandatory e-invoicing status and EEU updated The Central Asian republic Kazakhstan’s Ministry of Finance has provided updated rules, Order No.1321, from January 2024 on the Electronic Invoice Information System (IS ESF) e-invoicing portal. The changes cover three scenarios: New statuses for cancelled or
1st January 2025 B2B e-invoicing mandate – EC permission request Greece has applied to the European Commission for permission to mandate the use of B2B e-invoicing. It is hopeful of receiving a derogation from the VAT Directive by September in time for a 1 January
