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
Oct 2024 B2B e-invoicing mandatory launch now missed following voluntary phase April 2024 Draft plans to introduce mandatory B2B e-invoicing in the Gulf state of Oman this autumn now appear on hold. The plans were originally announced via the the Tax Authority update to VAT
The EU is undertaking an extended program of reforms to its Value Added Tax regime. This commenced with the 2016 Tax Action Plan, containing over ten reforms included the later separated 1 July 2021 e-commerce VAT package and the new VAT in the Digital Age
July 2024: implementation of digital invoice and record keeping phased launch The implementation of the Danish Bookkeeping Act main digital requirements is now underway. Under the 2022 Danish Bookkeeping Act, Danish resident businesses are mandated to record and store their accounting records on approved accounting
Overview of the EU-backed standard for structure electronic invoices Standard EN6931 was adopted by CEN (European Committee for Standardisation) on April 17, 2017. It is already adopted for B2G e-invoicing in the EU, and is the basis for the July 2030 Digital Reporting pillar of
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
2025 E-invoicing extension consultation launched The Moldavian Ministry of Finance has launched a public consultation of its proposed extension of e-invoicing (e-factura) regime to further public-related bodies. It is proposed to implement the mandate from 1 January 2025. Moldova introduced compulsory B2G e-invoicing at the
Ahead of Sept 2026 B2B e-invoicing mandate, French likely to join 20 other national champions of Peppol standard France is likely to apply to become the French national authority, responsible for supporting and promoting the standards and network. Each country’s authority is appointed by and
SARS considers e-invoicing / digital VAT transaction reporting with pre-filled returns The South African Revenue Service (SARS) is expected to shortly conclude on its plans to implement e-invoicing and digital reporting. This is likely to be based on a PEPPOL framework. In September 2023, SARS
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.
