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Parliament report highlights VAT complexity and fragmentation VAT fragmentation remains one of the most persistent barriers to cross-border trade in the EU, driven by administrative divergence rather than tax rates. EU digitalisation initiatives, including ViDA, will reduce friction but increase real-time reporting, data consistency and

UAE Cabinet Decision defines key terms & penalties for breaches The UAE Cabinet has issued Cabinet Decision No. 106 of 2025 on violations and administrative penalties related specifically to the new e-invoicing system. On 29 Sept 2025, the Ministry published its e-invoicing Framework. Aside from

Ongoing technical debates and potential solutions on EU ViDA Digital Reporting Requirements e-invoicing & e-reporting Member States and stakeholders remain divided on a wide range of definitional and operational issues that must be settled before the ViDA Digital Reporting Requirements (DRR) can be finalised. But

Update of automatic exchange of tax information agreement Switzerland and the European Union are set to deepen their cooperation in tax matters through an updated agreement that enhances the automatic exchange of information (AEOI) and introduces new provisions for mutual assistance in VAT recovery. The

Small resident enterprises may switch to annual VAT reporting with 3 annual payments of VAT due Switzerland’s Federal Tax Administration (FTA) has released detailed guidance concerning amendments to the nation’s value-added tax (VAT) system, effective January 1, 2025. At the same time, there are a