Germany B2B e-invoicing January 2025 update
Mexico CFDI e-invoicing – 4.0 delayed again to July 2023
Upgrade to 4.0 CFDI delayed further three months until 1 July 2023 The latest version of CFDI e-invoicing system has been postponed until 1 July 2023 (planned for 1 January and then 1 April) by the Mexican Tax Administration. 4.0 changes include: Export information requirements Reporting
Sweden progresses mandatory e-invoicing
Tax Agency requests investigation to review mandatory electronic invoice for B2B and G2B Sweden is progressing its review of e-invoicing options with stakeholders in the sector. Skatteverket (tax agency), Bolagsverkey (company registration body) and Digg (government digital agency) have requested government to start an investigation
Panama mandatory SFEP VAT e-invoicing extensions
Extensions for final deadline on implementation of electronic invoicing The 1 January 2023 deadline for a range of taxpayers to join the Ministry of Finance’s mandatory e-invoicing regime has been extended as follows: Transport services to 1 March 2023 Financial services 30 April 2023 (two
Israel B2B e-invoicing 2024
Ministry of Finance phases in 2024-28 pre-clearance B2B e-invoices to tackle fictitious invoice fraud The Israeli Ministry of Finance is progressing a Continuous Transaction Control (CTC) based electronic invoicing regime. The aim is to tackle the large ‘fictions invoice’ fraud problem, often used by criminal gags
Ukraine Standard Audit File for Tax ‘SAF-T UA’ update
State Tax Service updates SAF-T UA template for large taxpayers Since October 2021, large taxpayers have been able to voluntarily use the tax office’s downloadable template for reporting transaction-level data. This month, the template functionality has been updated with return messaging to confirm acceptance of
Saudi Arabia 2023 mandatory e-invoices (FATOORAH) updates
FATOORAH mandatory e-invoicing 1 January 2023 for large taxpayers; follows Dec 2022 voluntary phase ZATCA confirms 1 July 2023 next wave for mandatory e-invoicing Saudi Tax and Customs Authority (ZATCA) on 23 December confirmed the criteria for the mid-sized wave of mandatory e-invoicing, FATOORAH. This will
Germany seeks EU permission to impose e-invoicing
South Korea VAT e-invoice e-Tax – threshold cut July 2023
July 2023 – threshold reduced on reporting of e-invoices South Korea’s near real-time e-invoicing regime will be made mandatory for a larger group of companies as it cuts the annual reporting threshold from KRW 200m to KRW 100m (approx €74,000). South Korea first introduced mandatory