Marketplaces alerted on VAT obligations of Non-established taxable persons (NETP) The UK’s HMRC is working with marketplaces to identify foreign e-commerce traders which have established virtual UK companies in an attempt to avoid VAT registration obligations. It is estimated over 10,000 businesses are being approached
Raised thresholds for declarations of intra-community movements of goods to and from Croatia Croatia has increased its Intrastat reporting thresholds to the following levels from 1 January 2024: Arrivals €450,000, up from €300,000; and Dispatches €300,000, up from €200,000 The Intrastat electronic reporting form requires
Continuous Transaction Control (CTC) structured e-invoicing in fight to combat VAT fraud Latvia is proposing to introduce B2B electronic invoices by the end of 2025. This was proposed by the Ministry of Finance, and confirmed in a recent Shadow Economy Curtailment Plan 2024-2027. Latvia estimates
Potential additional VAT disclosure proposals ahead of July 2026 e-invoicing Since the French B2B e-invoicing mandate has been delayed until at least September 2026, there has been discussion around additional disclosure requirements for VAT invoices. This would help support the continuing battle to identify VAT
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
E-invoicing extended May 2024 Mandatory electronic invoicing by certain taxpayers was commenced by the Directorate General of Taxes DGI in 2012 and has been rolled out to many taxpayers since. It is now obligatory for all enterprises with a tax revenue above UYU 305,000 (approx.
Simplified VAT compliance for foreign e-services and goods sellers & marketplaces Nigeria’s Federal Inland Revenue Service (FIRS) has delayed start date for non-resident businesses to register for the supplies of e-commerce goods through digital platforms. The plan had been a 1 January 2024 start date.
New Zealand’s revised adoption of Peppol PINT e-invoicing specification The phased introduction of the PINT A-NZ specification of OpenPeppol standard e-invoicing has been revised. This replaces the existing ANZ Peppol BIS 3.0 specification. The format is obligatory for B2G e-invoicing, and also if e-invoicing is
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