The reforms proposed by the Digital VAT package will majorly impact businesses operating across the EU. The impact should be highly positive unless your company is part of the small minority that does not already comply with VAT regulations.…
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Lorea Lastiri
B2G Invoicing in Luxembourg: Compulsory for Businesses of All Sizes (2023)
From March 18, 2023, B2G invoicing will be compulsory for businesses of all sizes in Luxembourg. Luxembourg passed the law that makes B2G e-invoicing mandatory in the country on December 13, 2021.…
Final e-Invoicing Regulations in Saudi Arabia (Phase 2)
Following the regulation's publication, electronic invoicing became mandatory in Saudi Arabia on December 4, 2021. Essentially, all taxable Saudi Arabian persons, including third parties issuing tax invoices in proxy, must undergo this new e-invoicing process.…
Romanian SAF-T Declaration Becomes Compulsory in 2023
From January 1, 2023, all medium and large taxpayers in Romania must submit their accounting and tax records electronically via the SAF-T system.…
Ukraine Standard Audit File for Tax Coming in 2023
Recent changes in laws regarding tax liabilities have drawn up certain concerns. Now, the tax authorities can provide a tax offense as evidence for non-compliance in tax payments.…
Portuguese Invoice QR and ATCUD Codes Become Mandatory in 2023
In 2023, companies must print ATCUD and QR codes on all their invoices. They will need valid codes from the government and tax authority-certified software before they can start generating the invoices.…
New Japanese Invoicing Requirements for Consumption Tax (Deadlines & More)
The JCT law will be effective from October 1, 2023, and you should set everything in motion before then. Tax compliance requirements can be quite complicated for businesses.…
Swiss QR-Bill - What Is It and Upcoming Deadlines 2022
The Swiss QR-Bill is a new standard for electronic payments in Switzerland starting on October 1, 2022. It will replace the orange and red payment slips currently used in Switzerland. The QR-Bill will contain a QR code that smartphones and other electronic devices can read.…
Which Countries Use Peppol?
OpenPeppol has membership from 37 countries. Twenty-nine of those countries are in Europe, including Belgium, Austria, Denmark, Iceland, France, Finland, England, Germany, Greece, Norway, Poland, Portugal, and the Netherlands. Outside Europe, we have Canada, Mexico, Singapore, New Zealand, Japan, Australia, and the United States. Peppol promotes efficient digitization of procurement…
E-Invoicing in Scandinavian Countries: Norway, Sweden, and Finland
E-invoicing in Scandinavia is well established and widespread, with the majority of businesses in Norway, Sweden, and Finland using electronic invoicing systems.…