Standard Audit File for Tax SAF-T Harmonised transactional data schema for simplified exchange with tax authorities The countries below have implemented (or propose) the OECD’s Standard Audit File for Tax (SAF-T). This is an harmonised XML schema of company transaction data from accounting records for
Plans for OECD-based Standard Audit File for Tax of transactional-level VAT data Bulgaria is set to join other countries implementing SAF-T, the OECD-backed standard schema for the exchange of information between tax payers and authorities. With the support of the European Commission, it has been
Austria to relaunch its SAF-T regime March 2024; was one of the earliest to adopt the OECD’s format for exchanging data with the tax authorities Austria’s is relaunching its version of the OECD’s Standard Audit File for Tax (SAF-T). This is expected to be launched
Transactional level data, initially on-demand; mandatory introduction between 2025 and 2027 The Ukrainian Ministry of Finance has adopted an optional Standard Audit File for Tax (SAF-T) regime from 1 January 2023. It will become mandatory for large taxpayers from 1 January 2025, and then for
Tax authorities stage a coup d’etat of taxpayers’ VAT returns – EU VAT in the Digital Age next? What’s the hottest topic in tax authorities’ minds? Live reporting? VAT on digital services? E-invoicing. No! It’s a much more fundamental shift of tax reporting control from
VAT records requirements for sellers, deemed supplier marketplaces and Intermediaries for on-demand VAT audit requests –SAF OSS XML schema The One Stop-Shop (OSS) and Import One Stop-Shop (IOSS) VAT returns were introduced in the EU on 1 July 2021 as part of the e-commerce package.
eVAT returns following OECD standard launch 2022 Norway replaced its bi-monthly Value Added Tax return with the OECD’s Standard Audit File for Tax (SAF-T) from 1 January 2022. This includes an extension of the existing 19 box reporting to 30 boxes to capture all the
Transactional data report postponed one year to 2024; first filing due in 2025 to cover 2024 Portugal’s Autoridade Tributária e Aduaneira (AT) is to make compulsory the production of a Portuguese Standard Audit File for Tax (SAF-T) Accounting file added to the existing Invoice SAF-T PT requirements. This
State Tax Service updates SAF-T UA template for large taxpayers Since October 2021, large taxpayers have been able to voluntarily use the tax office’s downloadable template for reporting transaction-level data. This month, the template functionality has been updated with return messaging to confirm acceptance of
