Kazakhstan Expands VAT Refund Pilot for Tourists Kazakhstan’s Ministry of Finance has announced plans to extend its VAT refund pilot project for foreign tourists until the end of 2025. This initiative, which enables foreigners to claim back VAT on goods exported from Kazakhstan, aims to enhance tourism and stimulate business activity. Proposed Extension Details The Committee
Jordan Expands JoFotara E-Invoicing for Local Purchases The Jordanian Income and Sales Tax Department (ISTD) has announced the launch of Phase 2 of its JoFotara electronic invoicing system, reinforcing tax compliance regulations for businesses operating in Jordan. Effective April 1, 2025, this phase mandates that all goods and services transactions require a tax-compliant electronic invoice to
Italy Extends E-Invoicing Exemption for Small Businesses On 10 October 2024, Italy published a decision granting an extension for its mandatory electronic invoicing exemption until 31 December 2025. This measure ensures continuity until EU Member States implement national regulations aligned with the ViDA proposal. The decision follows the EU Council’s previous amendment (Decision EU 2021/2251)
Israel Updates Invoicing Services and CTC Documentation The Israeli Tax Authority (ITA) has published a new version of its invoicing services documentation. This updated document introduces enhanced services and outlines alternative methods to follow in case of delays after submitting invoice data. In May 2024, Israel implemented its Continuous Transaction Control (CTC) clearance mandate. Under this
Israel’s New Electronic Invoicing Model for Tax Compliance New Electronic Invoicing Model in Israel:
Hungary E-Invoicing Mandate for Energy Sector 2025 From January 1, 2025, Hungary will implement mandatory electronic invoicing for electricity and natural gas trading businesses. The regulation targets entities such as electricity traders, distributors, transmission system operators, and natural gas providers, making e-invoicing a requirement for business-to-business transactions. The new rules, set out in Government Decree No.
Greece Sets 30% Deviation Cap for Pre-FilledIncome Tax Returns The Greek tax authorities have published Decision 1045/2025, implementing key regulations under the Greek Tax Procedure Code, focusing on pre-filled income tax returns (Form E3) and myDATA platform integration. Key Changes & Requirements 🔸 New 30% Deviation Limit for Form E3 🔸 Pre-Filled Returns Now the Norm 🔸 Additional Regulatory Requirements
Greece B2B E-Invoicing Mandate Gains EU Approval The Council of the European Union published its implementing decision on Greece’s B2B e-invoicing mandate. The approval is time-limited from July 1, 2025, to December 31, 2027. By then, VAT in the Digital Age (ViDA) reforms are expected to remove the need for such EC authorization. However, a
Mandatory B2B E-Invoicing in Greece:Upcoming Implementation Greece will mandate e-invoicing for B2B transactions starting July 1, 2025, following EU authorization on January 13, 2025. The mandate applies to entities in Greece, requiring compliance with the European Standard EN 16931, while exempting foreign companies Transactions must be reported in real-time via the myDATA platform. This aligns
Greece Delays E-Delivery Rollout for Business Readiness Postponement Announcement: The Independent Authority for Public Revenue (IAPR) in Greece has officially announced a delay in the implementation of the e-delivery system. Initially scheduled to go live on December 1, 2024, the system’s launch has been postponed to provide businesses with additional time to adapt to the
