Upgrade to 4.0 CFDI mandatory July 2022 The latest version of CFDI e-invoicing system becomes mandatory 1 July 2022 following its optional launch on 1 January 2022. 4.0 changes include: Export information requirements Reporting linked invoices Reversal of invoices reported. Mexico’s Servicio de Administración Tributaria, ‘SAT’
Phase 2 of electronic invoicing April to July 2022 Following the November 2021 launch of e-invoicing in six cities, it will be extended to further 57 cities of Vietnam between 1 April and 1 July 2022. This will include the option to transmit electronic invoices
The Dominican Republic’s General Directorate of Internal Taxes (Dirección General de Impuestos Internos (DGII) has not yet mandated for all its e-invoicing regime – Electronic Tax Receipts (e-CF’s). Following the 2019 launch of the process, It completed a pilot with ten large taxpayers in early
Retailers and other taxpayers must take next step in e-invoicing The existing electronic fiscal devices (see below) are to be swapped out for virtual fiscal devices (VFD) on the Tanzanian electronic financial data management system (EFDMS). This means no further requirement to purchase approved online
Coalition new leaders confirm electronic invoice reporting system as soon as possible to fight VAT fraud; backing for EU definitive VAT system; import VAT reforms The new German government coalition of the SPD, Free Democratic Party (FDP) and Green Party have now confirmed on 24
Delayed electronic invoicing gets 2022 go-ahead Vietnam General Department of Taxation (GDT) is planning to implement mandatory pre-clearance e-invoicing from 1 July 2022. It has already been delayed from 1 November 2020 due to the COVID-19 crisis. Business can opt to switch now to the
Lowered annual e-Fatura and e-Arşiv thresholds for all B2B businesses; e-commerce and property attract special requirements Turkey has added new requirements to its government pre-clearance e-Fatura e-invoice regime in the past months. The Turkish Revenue Administration (TRA) wishes to bring more taxpayers into the e-Fatura net
Sweden mandatory PEPPOL e-invoicing? The Swedish tax authority, Skatteverket, and Ministry of Finance will be reviewing introducing Digital Reporting Requirements (DRR) for VAT invoice reporting to help tackle VAT fraud and close the VAT gap. This would likely be in coordination with the EU VAT in
Confusion on monthly transaction-based reporting for non-residents due from 1 January 2022 Foreign businesses with a Portuguese Value Added Tax registration for local taxable transactions face new invoice reporting requirements from 2022. Although the failure of a first vote on the 2022 budget means these
Beginning of end of self-prepared VAT returns Hungary is to join Italy and Spain in offering taxpayers pre-completed VAT returns – eVAT – from 12 November 2021. They were originally planned for 1 July 2021, but the National Tax and Customs Administration (NAV) had to
