In a bid to fight indirect tax evasion, the Greek government is adopting an invoice clearance model that is similar to Mexico’s current setup.
Compliance Category: Mandate information
From 1st April 2020, all businesses with a turnover of at least Rs.100 Crore will be obliged to start using the IRP.
Click here to learn more about the Indian mandate.
It has now been confirmed that India will have launched their Invoice Registration Portal in early 2020, which will see mandatory usage for medium and large taxpayers from April 2020.
Click here to learn more about the Indian mandate.
The Italian government has announced that suppliers of fuel must begin sending B2B e-invoices by 1 January 2019, along with all other companies with an Italian VAT number.
Spain has announced an extension of the existing B2G mandate to subcontractors involved in public contracts/tenders, effective from 1 July 2018.
The Independent Authority of Public Revenue (Α.Α.Δ.Ε.) announced its intention in introduce mandatory e-invoicing and e-maintenance of accounting books as of 1 January 2020.
The European Commission has permitted a derogation to articles 218 and 232 of Directive 2006/112/EC for Italy, as their B2B mandate was in direct conflict to these. The Italian mandate can now be rolled out without contravening any EU laws.
The European Union (EU) VAT Directive 55 obliges all EU public authorities to receive invoices electronically by 27 November 2018.
Click here to learn more about the German mandate.
The European Union (EU) VAT Directive 55 obliges all EU public authorities to receive invoices electronically, or at least to have a defined for how they will do so, by 27 November 2018.
The Italian government has confirmed that B2B e-invoicing will become mandatory from 1 January 2019 (in some cases, such as suppliers of motor fuel oil or subcontractors employed by companies engaged in work with a public administration, the mandate will apply from July 2018).
The implementation of a mandatory VAT Split Payment law came into force on 1 January 2018. The system has been voluntary since 1 October 2017.
Mexico CFDI 3.3 was introduced on 1 July 2017 and becomes mandatory from today. The new version includes changes in structure, data format, catalogues, as well as invalidations and calculation rules such as the following.
The European Union (EU) VAT Directive 55 obliges all EU public authorities to receive invoices electronically, or at least to have a defined for how they will do so, by 27 November 2018.
The European Union (EU) VAT Directive 55 obliges all EU public authorities to receive invoices electronically, or at least to have a defined for how they will do so, by 27 November 2018.
The European Union (EU) VAT Directive 55 obliges all EU public authorities to receive invoices electronically by 27 November 2018.
The European Union (EU) VAT Directive 55 obliges all EU public authorities to receive invoices electronically, or at least to have a defined for how they will do so, by 27 November 2018.