Slovenia to mandate e-invoicing for B2B transactions from 2027
Slovenia’s government has released a draft legislation to introduce mandatory electronic invoicing (e-invoicing) for B2B transactions on 11 February 2025. The Financial Administration of Slovenia (FURS) has proposed a major reform to combat VAT
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Poland: EU Council extends VAT split payment system to February 2028
The EU has authorised Poland to extend its split payment system for VAT on 28 February 2025 under the Council Implementing Decision (EU) 2025/373 of 18 February 2025. The authorisation has been published in the EU's Official Journal on 28 February
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Nigeria to launch pilot phase of e-invoicing system
Nigeria’s Federal Inland Revenue Service (FIRS) has initiated a stakeholder engagement on 18 February 2025 with large taxpayer groups to prepare for the upcoming pilot phase of the Merchant Buyer Solution, an e-invoicing system scheduled to launch
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EU Council approves new electronic VAT exemption certificate law
The European Commission, in a release on 18 February 2025, announced the Council had adopted a new legislative package introducing an electronic certificate for VAT exemptions, marking a significant step towards simplifying tax procedures and
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Czech Republic issues guidance on VAT rules for fuel cards
The Czech Republic’s General Financial Directorate (GFD) has issued updated guidelines on applying value-added tax (VAT) for fuel cards. Under the guidance, fuel card issuers can use the “commissionaire” model to act as a buyer and seller
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Belgium announces modernisation of VAT rules
Belgium has issued Guidance (Circular 2025/C/6) on 27 January 2025, announcing various updates to the VAT rules by modernising procedures, compliance, and refunds. The key changes include new deadlines for periodic and special VAT returns, VAT
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El Salvador amends VAT and withholding tax returns
El Salvador’s Ministry of Finance has introduced new fields to Form 07 and Form 14, which taxpayers will be required to complete starting 1 February 2025. The forms have been updated to include the following changes: Sales to taxpayers;
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Serbia adopts amendments to e-invoicing rulebook
Serbia’s Ministry of Finance has adopted the amendments to the electronic invoicing (e-invoicing) rulebook. The amendments address the electronic recording of input VAT, customs declaration lists, documents related to VAT adjustments, delayed
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Hungary tightens import VAT deduction rules from March 2025
Hungary will implement stricter import value-added tax (VAT) deduction regulations for indirect customs representatives from 1 March 2025. The amendment requires importers to file monthly VAT returns and avoid being classified as “risky
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Poland: Parliament passes bill on VAT changes, expands excise duty to nicotine products
Poland’s lower house of Parliament (Sejm) has passed a bill delaying changes to VAT rates during its January 22-24, 2025 sittings. The Sejm also extended the reverse charge mechanism to gas, electricity and services associated with the transfer
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Hungary delays mandatory e-invoicing for energy sector to July 2025
Hungary’s government has amended Government Decree 273/2007 (X. 19.) and Government Decree 19/2009 (I. 30.), which delays the e-invoicing requirement for electricity and gas supplied to nonresidential customers. Electronic invoicing
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Philippines: BIR clarifies VAT rules on digital services
The Philippines’ Bureau of Internal Revenue (BIR) has released Revenue Regulation 003/2025, providing a comprehensive guide on implementing value-added tax (VAT) for digital services under Republic Act No. 12023. The regulation also defines the
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Turkey further extends force majeure for 2023 earthquake-affected taxpayers
Turkey's Revenue Administration has extended the state of force majeure on 10 January 2025, which was introduced after the 6 February 2023 earthquake for taxpayers with an annual turnover of less than TRY 2.5 million. The state of force majeure,
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Poland: EU approves extension of VAT split payment system
The European Commission (EC) has published a proposal for a Council Implementing Decision on 14 January 2025, authorising Poland to extend its split payment system for VAT collection. After a period of a voluntary split payment system, Poland
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Greece: EU Council approves mandatory e-invoicing plan
The EU Commission has published a proposal for a Council Implementing Decision, on 13 January 2024, authorising Greece to introduce a special measure derogating from Articles 218 and 232 of Directive 2006/112/EC to be able to impose mandatory
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Czech Republic introduces 2025 VAT Law amendments
The Czech Republic has announced it will amend the Value Added Tax (VAT) Act to include a VAT base correction period extension and changes to the rules for correcting the VAT base. The VAT base correction period has been extended to seven years,
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Italy approves VAT return form for 2025 filing
Italy’s Revenue Agency has approved the Annual VAT Return Form for the 2025 filing period, covering the 2024 tax year on 15 January 2025. A Basic Annual VAT Return Form is now available for qualifying taxpayers. Both annual return forms must be
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Netherlands amends VAT recovery rules for share transactions
The Netherlands Deputy Minister of Finance has issued updated guidelines for recovering value-added tax (VAT) on expenses related to the acquisition, ownership, and sale of shares on 10 December 2024. The minister published these revised
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