Voluntary e-invoicing April 2024; mandatory to be confirmed for October 2024 Sultanate of Oman Tax Authority has confirmed its plan to introduce VAT electronic invoicing via a formal Request for Information tender request. “The plan is to open e-Invoicing to VAT registered taxpayers in Oman
European Commission may delay 2028 existing e-invoicing regimes’ convergence to ViDA Digital Reporting Requirements Several EU member states with existing or planned mandatory domestic e-invoicing regimes look likely to secure a delay on the January 2028 deadline for them to converge with the proposed VAT
National Bureau for Revenue publishes B2B e-invoicing tender The Bahraini tax authority, The National Bureau for Revenue (NBR), has issued a tender invite for private companies to assist it with the design of a nation-wide B2B electronic invoicing system. This includes the design of IT
EDPS backs personal data guards in EU’s ViDA reform proposals The EU’s independent European Data Protection Supervisor (EDPS) has provided an initial positive review of the European Commission’s VAT in the Digital Age reforms. In particular the Digital Reporting Requirements for the delivery of transaction
Long standing data availability & accuracy challenges take on new imperative with the proliferation of VAT digitalisation and live transaction reporting The whirlwind of global e-invoicing and digital reporting mandates is upon us as governments demand live access to transactional data to validate and surface
E-invoicing and live digital reporting mandates mean VAT and GST must be calculated accurately in real-time to avoid blocked invoices, audits and potential losses. How to rise to the challenge The ‘luxury’ of a few weeks to retro-calculate transactional VAT or GST is coming to
European Commission (EC) proposes near real-time ‘post-audit’ model for 2028 Digital Reporting Requirements; rules out ‘pre-clearance’ reporting and approval by tax authorities of VAT invoices In its proposed Digital Reporting Requirements pillar of its VAT in the Digital Age reforms, the EC has opted not to require
