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.
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
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
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
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
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
Range of simplifications and penalty changes proposed July 2025 The Hungarian tax office, National Tax and Customs Administration of Hungary (NTCA), has issued proposed changes to tax laws. These are
Broadening domestic reverse charge VAT anti-fraud measures On 30 April 2025, the UAE Federal Tax Authority (FTA) issued Public Clarification VATP043, marking a significant update in the application of the
1 July 2025 VAT registration threshold increases from HUF 12m to HUF 18. Hungary will increase the annual sales threshold for compulsory VAT registration from HUG 12 million to HUF
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)
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
New versions of harmonised e-invoice French Factur-X1.07 and German ZUGFeRD 2.3 formats Updated versions of the synchronised French Factur-X1.07 and German ZUGFeRD 2.3 e-invoicing standards have been launched on 7
Federal government proposal to hike VAT from 7.5% to 10% was rejected by the Senate The Nigerian Senate at the start of May has rejected a proposed phased rise in
Tourism VAT cut prolonged again for further six months till 28 April 2026 Uruguay has extended for the forth time its reduced Value Added Tax rate for tourism services as
VAT automation products that simplify your international VAT determination, invoicing and reporting
