ETTN portal extending to all live reporting of electronic invoices The State Tax Service of the Central Asian state of Kyrgyzstan has confirmed that all businesses will have to adopted the Electronic Invoice Note system (ETTN) from May 2023. It has already been in place
Ministry of Finance grants 3-month soft launch for 1 July mandated e-invoice via SMART INVOICE software The southern African state of Zambia has granted a penalty-free three-month soft launch following the 1 July 2024 launch of its mandatory Smart e-invoicing regime. The Zambia Revenue Authority
2035 VAT in the Digital Age requires states with existing domestic e-invoicing to harmonise The latest draft of EU VAT in the Digital Age required member states with existing domestic B2B and B2C e-invoicing and digital reporting requirements to adapt their regimes by January 2035
e-facturation Finance Law to introduce centralised e-invoicing platform The East African island state of Madagascar is set to become the latest country to mandate the use of centralised e-invoicing. The latest Finance Law changes include the introduction of an e-facturation platform to collect structured VAT
5 tax agencies Phase 2 EU ViDA Digital Reporting Requirements transaction data technical challenges Denmark, Finland, Iceland, Norway and Sweden tax authorities have completed a second phase of their pilot technical trial of exchanging VAT invoice data based on the EU ViDA Digital Reporting Requirements proposal.
EU Commission evaluates impact of mandatory e-invoicing in public procurement The EU mandated the use of e-invoicing in 2019 via Directive 2014/55/EU. The European Commission has issued the results of an evaluation of this policy. Key conclusions included: The Directive secured many efficiencies for government
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
Meeting anti-fraud tax gap targets helps unlock EU COVID funding ahead of schedule Italy’s Treasury has released Istat data for 2016 to 2021 revealing major improvements in closing down tax fraud and the tax gap – the difference between forecast and received fiscal revenues. The
