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
See More
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,
See More
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
See More
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
See More
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,
See More
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
See More
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
See More
Indonesia publishes guidance on joint operations tax
Indonesia’s Ministry of Finance introduced Regulation No. 79 of 2024 (PMK 79) regarding the tax treatment of joint operations on 28 October 2024. The joint operations are classified into two categories based on their tax requirements: those
See More
Serbia gazettes VAT law, e-invoicing rule amendments
Serbia’s parliament has passed the Amendments to the VAT Law and the Law on Amendments to the Law on Electronic Invoicing, which was published in the Official Gazette, No. 94/2024, on 28 November 2024. Amendments to the VAT Law Preliminary
See More
Peru announces draft VAT rules for nonresident digital service providers
Peru’s tax authority, SUNAT, has released a draft regulation introducing new value-added tax (VAT) compliance requirements for nonresident digital service providers. These measures are expected to take effect on 1 January 2025. This follows
See MoreSerbia: National Assembly adopts e-invoicing law amendment
Serbia’s National Assembly has approved a law to amend e-invoicing on 27 November 2024. The law will take effect on 15 December 2024, with full implementation by 1 January 2025. This follows after Serbia's Ministry of Finance updated the
See More
Kenya introduces pre-filled VAT returns for November 2024
The Kenya Revenue Authority (KRA) has issued a public notice announcing to all VAT registered taxpayers that the VAT return will be pre-filled with tax information available to KRA starting from the November 2024 tax period. This measure is being
See More
Chile revises VAT registration, payment rules for non-resident service providers
Chile’s tax authority (SII) has recently issued Resolution No. 105 on 30 October 2024 and Resolution No. 107 on 14 November 2024. These resolutions update the previous regulations regarding VAT registration and payment for non-resident
See More
Saudi Arabia reveals criteria for 17th phase of e-invoicing
The Saudi Zakat, Tax, and Customs Authority (ZATCA) has announced updated compliance criteria for the 17th group of businesses required to join the e-invoicing system as part of their broader effort to digitalise the tax system and increase VAT
See More
Hungary to mandate e-invoicing for energy sector starting January 2025Â
Effective 1 January 2025, electronic invoicing (e-invoicing) will be compulsory in Hungary for electricity and natural gas suppliers, including traders, distributors, and transmission system operators supplying electricity and natural gas to
See More
Dominican Republic unveils rules for enforcing mandatory e-invoicing
The Directorate General of Internal Revenue (DGII) of the Dominican Republic has released Notice 20-24 regarding the promulgation of Decree 587-24, which introduces new regulations for implementing Law 32-23, known as the Electronic Invoicing
See More
Germany publishes final guidance on mandatory e-invoicing
The German Ministry of Finance has published the final guidance on mandatory e-invoicing on 15 October 2024. The principles of the guidance are to be applied to all sales made after 31 December 2024. As established by the Growth Opportunities
See More
Romania issues registration forms for non-resident payment service providers
Romania’s tax authorities issued Order No. 6508/2024, which introduces Form 709 for requesting tax registration for non-resident Payment Service Providers with reporting obligations in Romania under the Amending Directive to the VAT Directive
See More