Slovakia e-Invoice Guide: March 2026 Update The Financial Directorate of the Slovak Republic has released an updated FAQ and technical guide as of March 2026, detailing the transition to the national e-invoicing system. Technical and Legal Insights Format & Standard: E-invoices must be structured XML files compliant with the European EN16931 standard using UBL 2.1 […]
UAE FTA Clarifies Excise Tax Treatment forNatural Shortage of Goods The UAE Federal Tax Authority (FTA) has issued Public Clarification EXTP014, providing detailed guidance on the treatment of “Natural Shortage” of excise goods held within Designated Zones (DZs). Effective from July 1, 2025, the update clarifies that certain losses due to the inherent nature of
Malaysia Formally Reduces Service Tax onRental and Leasing Services The Malaysian government has officially gazetted the Service Tax (Rate of Tax) (Amendment) Order 2026 on March 13, 2026. This legislative move confirms the Ministry of Finance’s earlier announcement regarding the reduction of service tax for specific sectors. Key highlights of the amendment include:
Germany Unveils XRechnung 4.0 A Major Milestone for 2026 E-Invoicing BREMEN – The Coordination Office for IT Standards (KoSIT) has announced the upcoming release of XRechnung 4.0, the next-generation standard for electronic invoicing in Germany. This update aligns with the new European standard EN 16931-1:2026 and the EU-wide VAT in the Digital Age (ViDA) initiative.
The end of Grace Period in Belgium Belgium’s three month tolerance period for the new B2B e-invoicing obligation ends on March 31, 2026. From April 1, 2026, non compliant businesses may face administrative sanctions, subject to case by case assessment by FPS Finance.
Denmark Releases New Peppol Schematron Packages The Danish Business Authority (Erhvervsstyrelsen) has announced the release of version 1.16.0 of the Danish CIUS package and version 1.2.13 of the Danish Peppol BIS3-Other package for immediate implementation. Key Updates: Compliance Deadline:The Peppol schematrons included in these releases have been mandatory since February 23, 2026. Users and service
E-Invoicing & E-Reporting : ce qu’il faut savoir Alors que l’échéance de la généralisation de la facture électronique s’impose progressivement à l’ensemble du tissu économique français, il est devenu indispensable pour toutes les organisations de comprendre les mécanismes et les obligations qui en découlent. Deux notions sont au centre de cette réforme : l’E-invoicing et l’E-reporting. Dans ce guide pratique
Spain E-Invoicing Mandate: What Businesses Need to Know Before 2027 Spain Is Going Digital! Is Your Business Ready? A major regulatory shift is underway in Spain. Starting as early as 2027, all businesses engaged in B2B (business-to-business) transactions on Spanish soil will be required to issue, send, and store invoices in a structured electronic format.
Bosnia and Herzegovina: Legislative ApprovalSecured for New Real-Time E-Invoicing andFiscalization Framework The Federation of Bosnia and Herzegovina has reached a legislative milestone with the approval of the draft Fiscalization Bill by both the Lower House and the House of Peoples. This reform introduces a comprehensive real-time fiscalization and electronic invoicing framework to modernize the tax
South Africa Moves Toward Real-Time VATCompliance: SARS Unveils 2028 Vision The South African Revenue Service (SARS) is accelerating its VAT Modernisation programme, aiming to transform tax administration from periodic filings to continuous, transaction-level oversight. While a formal mandate is pending, recent strategic publications including the “Modernization Whitepaper 3.0” confirm that structured e-invoicing is now a
