Malta collects €650m taxes via its predictive AI fiscal administration Malta has confirmed that in 2024 it collected an impressive €650 million more in tax compared to the previous year. Most of this increase was directly attributed to the use of artificial intelligence (AI) tools
May 2025 launch B2G e-invoicing CamInvoice; 2026 B2B Cambodia’s General Department of Digital Economy (GDDE) has launched 12 May 2025 its B2G CamInvoice. It is used for the process of sending and receiving invoices in electronic form between sellers and buyers without the need for
1 July 2028: VAT liability incentives for non-resident sellers and marketplaces to adopt IOSS On 13 May 2025, ECOFIN EU Finance Ministers reached agreement on the position of member states (the so-called ‘general approach’) on the directive on VAT rules for distance sales of imported
1 June 2025 VAT on non-resident digital service B2C providers & platforms The Bureau of Internal Revenue (BIR) on 9 May published Revenue Memorandum Circular No. 47-2025 with detailed guidance for the 1 June imposition of VAT on on foreign digital services providers (DSPs) to
Tax Authority green lights B2B e-invoicing infrastructure; 2026 launch in doubt Delayed plans back on track to introduce mandatory B2B e-invoicing in the Gulf state of Oman with potential 2026 launch. 12 May 2025 – the Oman Tax Authority announced it has contracted with IT
National Revenue Agency public consultation for 2026 phased launch of Standard Audit File for Tax monthly reporting On 9 May, the Bulgarian tax authority, National Revenue Agency Post (NRA), launch a consultation on the 5-year launch of Standard Audit File for Tax (SAF-T). The consultation
UK avoids reduction in 2% Digital Services Tax to secure lower tariff quotas The UK government avoided an anticipated reduction or withdrawal of its £800 million Digital Services Tax (DST) to win a limited trade deal with Trump administration on 8 May. Instead, the two
Ministry of Finance draft logical structure FA(3) for Feb 2026 KSeF B2B e-invoicing The Ministry of Finance on 8 May published draft KSeF schema for its scheduled 1 February 2026 launch of mandatory e-invoicing. This follows an April round of consultations with taxpayers, accountants and
