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Tag: VAT

Israel B2B e-invoicing 2024

Israel B2B e-invoicing 2024

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Ministry of Finance 2023/24 Budget phases in 2024-28 pre-clearance B2B e-invoices to tackle fictitious invoice fraud The Israeli Ministry of Finance is progressing a Continuous Transaction Control (CTC) based electronic invoicing regime. The aim is to tackle the large ‘fictions invoice’ fraud problem, often used by

Kenya VAT on non-resident digital services – update

Kenya VAT on non-resident digital services – update

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April 2024 – VAT (Electronic, Internet, and Digital Marketplace Supply) Regulations, 2023, for new simplified VAT registration; registration threshold removed The Revenue Authority updated the 2020 law on compliance VAT rules for providers and marketplaces of digital services. The regulations cover: Digital or electronic services new

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