E-invoicing System EIS Jan 2024 launch progressing slowly The Philippines Bureau of Internal Revenue (BIR) launched 1 July 2022 mandatory VAT e-invoicing for around 100 large taxpayers based on the Tax Reform for Acceleration and Inclusion Act (TRAIN) Act. The plans for a large-scale launch
Bill for July 2025 B2B e-invoicing mandate likely to pass by May or June Spain’s government is expected to approve in May 2024 legislation to introduce mandatory e-invoicing on B2B transactions. Since the draft law then requires at least 12 months’ notice of the rollout
Phased rollout of pre-clearance Electronic Billing System from May 2024 The Mauritius Revenue Authority (MRA) has confirmed the introduction of mandatory e-invoicing for businesses operating based on a Continuous Transaction Controls CTC model. The first, large tax payers, RS 100m turnover, will be expected to
Voluntary e-invoicing April 2024; but October 2024 mandatory launch may be delayed 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
Australia revised adoption of Peppol PINT e-invoicing specification The phased introduction of the PINT A-NZ specification of OpenPeppol standard e-invoicing has been revised. This replaces the existing ANZ Peppol BIS 3.0 specification. The format is obligatory for B2G e-invoicing, and also if e-invoicing is agreed
Update – delays on imposition of fiscal cash registers Colombia’s National Directorate of Taxes and Customs, DIAN, has issued revised schedule for the imposition of fiscal cash registers. This includes a three-month delay in the rollout of cash registers which automatically electronically report sales to
Continuous Transaction Control (CTC) structured e-invoicing in fight to combat VAT fraud Latvia is proposing to introduce B2B electronic invoices by the end of 2025. This was proposed by the Ministry of Finance, and confirmed in a recent Shadow Economy Curtailment Plan 2024-2027. Latvia estimates
Proposed VAT B2B & B2G e-invoicing & real-time reporting Public consultation extended by Revenue Commissioners The Irish Minister for Finance has announced on 10 October 2023 the opening of a public consultation on Ireland’s digitalisation of VAT Invoicing and Reporting System. This was part of
E-invoicing extended May 2024 Mandatory electronic invoicing by certain taxpayers was commenced by the Directorate General of Taxes DGI in 2012 and has been rolled out to many taxpayers since. It is now obligatory for all enterprises with a tax revenue above UYU 305,000 (approx.
New Zealand’s revised adoption of Peppol PINT e-invoicing specification The phased introduction of the PINT A-NZ specification of OpenPeppol standard e-invoicing has been revised. This replaces the existing ANZ Peppol BIS 3.0 specification. The format is obligatory for B2G e-invoicing, and also if e-invoicing is
