Greece myDATA: Real-Timee-Accounting & QR Code Rules The Greek Tax Authority (AADE) published an updated version 1.0.9 of the technical specifications for the myDATA e-accounting system in July 2024 In summary, the updated myDATA technical specifications in July 2024 emphasize real-time data transmission, the introduction of QR codes for documents and receipts, and the finalization of […]
Germany’s B2B E-Invoicing Mandate: Key Requirements BMF publishes new “letter” on mandatory B2B e-invoicing being phased in 2025 – 2028 Germany’s Ministry of Finance (BMF) on 15 October 2024 issued a final letter (update of June draft) detailing the scope and regulations for the upcoming launch of mandatory B2B e-invoicing for resident businesses. The phased implementation
ZUGFeRD 2.3 Released: Changes and New Featuresin the EXTENDED Profile On 18 September 2024, ZUGFeRD version 2.3 was released. In the new version of ZUGFeRD, new elements have been added to the EXTENDED profile to improve interoperability with the French B2B e-invoicing obligation. It is important that users of ZUGFeRD EXTENDED update to the new
Germany’s New B2B E-Invoicing Requirements The German Ministry of Finance (BMF) published a draft guideline detailing the upcoming mandatory B2B e-invoicing. It covers the first requirements, effective from January 1, 2025, under which all resident taxpayers must be able to receive structured e-invoices for domestic B2B transactions. The key points from the guideline are: For more
Germany: B2B E-Invoicing Planned for 2027 As mandated by the Wachstumschancengesetz recently approved by the German Federal Council, the use of electronic invoices will be mandatory for B2B transactions in Germany from 2025. With effect from 1 January 2025, compliance with the EN16931 standard will be mandatory for all such transactions. This initiative is intended
French Parliament Rejects Postponement OfE-Invoicing Reform The French National Assembly has officially voted against delaying the upcoming e-invoicing reform. The transition will proceed according to the original schedule. Key Deadlines Supporters of the original timeline emphasized: Some MPs voiced concerns about: With the reform moving ahead as planned, businesses are encouraged to:
Potential One-Year Delay In French E-InvoicingMandate Under Draft Law On March 24th, the French Senate approved a draft law that could significantly reshape the e-invoicing roadmap in France. While many expected only a minor delay for smaller businesses, the proposed changes go much further. 1. A Broader Delay Than Initially Expected Contrary to early interpretations, the draft
France Releases Version 3.0 of E-Invoicing Specifications France has published Version 3.0 of the external specifications for B2B e-invoicing, consolidating all exchange format documents ahead of the mandatory e-invoicing deadline of September 1, 2026. This update aims to streamline electronic invoicing and data transmission between VAT payers and the administration. Key Highlights: For full details,
French e-Invoicing Reform Update:PDPs Now Central The French Ministry of Finance has released a critical update on the upcoming e-Invoicing reform, which will overhaul invoicing practices for businesses across France. This development places a new emphasis on partner dematerialization platforms (PDPs), redefining their role in the process. Highlights from the Announcement (October 15, 2024) Impact
France Updates E-Invoicing Specs with Version 2.4 The French Tax Administration (FTA) has released version 2.4 of the “External Specifications” for electronic invoicing (e-invoicing) reform in France. The main changes in this new version include: The release of these new specifications reaffirms the French government’s commitment to the e-invoicing reform implementation schedule, set for September 1,
