Tax News Daily
The latest tax news from around the world, summarised and tagged for tax professionals. Updated twice daily.
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ViDA, Consignment Stock and SAP: Preparing Your Systems for Change
This article examines the intersection of the EU's VAT in the Digital Age (ViDA) initiative with consignment stock arrangements and SAP system readiness. It explores how ViDA's reforms—particularly around digital reporting requirements and e-invoicing mandates—will impact businesses managing consignment stock across EU member states. The piece highlights the operational challenges for SAP users who must adapt their ERP configurations to accommodate new VAT reporting obligations, changes to consignment stock simplification rules, and real-time transaction reporting. Tax and IT teams are advised to assess current system capabilities, data flows, and compliance processes ahead of ViDA's phased implementation deadlines.
Slovakia Advances E-Invoicing Rollout as VAT Amendment Proposes Transitional Reporting Relief
Slovakia is progressing its mandatory e-invoicing implementation alongside a VAT amendment that introduces transitional reporting relief measures. The rollout represents a significant shift in Slovakia's tax compliance infrastructure, requiring businesses to adopt electronic invoicing systems for VAT reporting purposes. The proposed VAT amendment aims to ease the transition burden on taxpayers by providing temporary relief from certain reporting obligations during the implementation phase. Tax professionals advising Slovak businesses should assess system readiness, evaluate eligibility for transitional provisions, and monitor legislative timelines as the mandatory e-invoicing framework advances toward full deployment across the Slovak business community.
Mirror Visibility in Accounts Payable: Why Government Data Must Match Your ERP
This article examines the critical importance of 'mirror visibility' in accounts payable processes, where government tax authority data must align precisely with a company's ERP system records. As tax administrations globally adopt continuous transaction controls (CTCs) and real-time reporting mandates, discrepancies between what governments record and what businesses hold internally create compliance risks and audit exposure. The piece highlights that AP teams must reconcile supplier-issued e-invoices validated by government platforms against internal ERP entries. Mismatches can trigger VAT recovery denials, penalties, and audit flags. The article advocates for automated reconciliation tools that provide real-time visibility across both government and internal data landscapes.
Do Electronic Filing and Payment Increase Tax Compliance? Evidence from Large Taxpayers in Senegal
This study examines the impact of electronic filing and payment systems on tax compliance among large taxpayers in Senegal. The research provides empirical evidence on whether digitalising tax administration processes improves compliance rates. Using data from Senegal's large taxpayer unit, the analysis assesses behavioral and administrative changes following e-filing and e-payment adoption. Findings are relevant for tax authorities in developing economies considering modernisation of tax administration infrastructure. The study contributes to the broader literature on how technology-driven reforms can reduce compliance costs, improve reporting accuracy, and increase revenue collection efficiency, offering practical insights for policymakers and administrators across sub-Saharan Africa.
Romania: RO e-Invoice rules updated for B2C transactions
Romania has updated its RO e-Invoice system rules specifically addressing business-to-consumer (B2C) transactions. The amendments expand the country's mandatory electronic invoicing framework, which previously focused primarily on B2B and B2G transactions. Romanian tax authorities are extending digital invoicing obligations to consumer-facing transactions, aligning with broader EU digitalization efforts. Tax professionals operating in Romania or advising Romanian businesses must review the updated compliance requirements, including submission timelines, technical specifications, and scope of affected transactions. Companies conducting retail or direct consumer sales in Romania should assess system readiness and ensure their invoicing infrastructure can accommodate the new B2C e-invoicing mandates to avoid penalties.
billentis publishes its 2026 “Riding the Tornado” report on e-invoicing
Billentis has published its 2026 'Riding the Tornado' report on e-invoicing, offering a comprehensive analysis of the accelerating global adoption of electronic invoicing mandates. The report examines the rapid expansion of e-invoicing and continuous transaction controls (CTCs) across jurisdictions, driven by tax authority demands for real-time transaction visibility and VAT compliance enforcement. It addresses implementation challenges, technology ecosystem developments, and strategic considerations for businesses navigating mandatory e-invoicing rollouts. The 'tornado' metaphor reflects the disruptive pace of regulatory change. The report is a key reference for tax professionals, compliance officers, and technology vendors managing cross-border and domestic e-invoicing obligations.
AEAT Outlines Spain’s Public E-Invoicing Solution for Mandatory B2B E-Invoicing
Spain's Tax Agency (AEAT) has outlined the public e-invoicing solution for mandatory B2B electronic invoicing, a requirement under the Crea y Crece law. The AEAT's platform will serve as the central hub for businesses to issue, receive, and track e-invoices, with a free public solution available alongside accredited private platforms. The system mandates structured invoice formats (likely Facturae or UBL) and real-time reporting to tax authorities. This development marks a significant compliance shift for Spanish businesses, requiring technical integration with AEAT's infrastructure. Large companies face earlier implementation deadlines, with SMEs following subsequently, making preparation critical for tax and finance professionals operating in Spain.
Germany: Proposed VAT Reform: Major Changes Planned from 2027
Germany is planning significant VAT reforms set to take effect from 2027, representing a major overhaul of the country's VAT framework. The proposed changes are expected to modernize compliance requirements, potentially aligning with broader EU VAT directives. Key reforms likely address invoicing obligations, reporting mechanisms, and administrative procedures affecting businesses operating in Germany. Tax professionals advising clients with German operations should begin assessing the impact of these structural changes. The 2027 timeline provides a transitional period for businesses to adapt systems and processes. Further legislative details are anticipated as the reform progresses through Germany's parliamentary process.
EU – European Commission: Shares 2026 Work Programme for VAT in the Digital Age Implementation
The European Commission has released its 2026 Work Programme for the VAT in the Digital Age (ViDA) initiative, outlining implementation milestones for the landmark EU VAT reform package. ViDA encompasses three key pillars: mandatory e-invoicing and digital reporting requirements, updated platform economy VAT rules, and a single EU VAT registration regime. The 2026 programme details the legislative and technical steps required to operationalise these measures across all 27 member states. Tax professionals should monitor compliance timelines, IT infrastructure requirements, and member state transposition deadlines, as businesses will need to adapt invoicing systems, reporting processes, and VAT registration strategies ahead of phased implementation dates running through to 2035.
The Sovereignty iIlusion: How BTP navigates the tax solutions cloud trap
This article examines SAP's Business Technology Platform (BTP) and the risks of vendor lock-in when organisations migrate tax solutions to cloud environments. It explores the 'sovereignty illusion' — where companies believe they retain control over their tax data and processes while actually becoming deeply dependent on a single cloud provider's ecosystem. The piece discusses how BTP's architecture affects tax compliance functions, including VAT/GST determination, e-invoicing, and reporting. Tax technology professionals are advised to evaluate integration flexibility, data portability, and exit strategies when selecting cloud-based tax solutions to avoid compromising long-term operational autonomy and compliance agility.
The Compliant AP Tech Stack: What You Need and Why
This article from Sovos examines the technology components required for a compliant accounts payable (AP) function in the context of evolving global VAT and e-invoicing mandates. It outlines how businesses must integrate solutions capable of handling continuous transaction controls (CTCs), real-time invoice validation, and tax determination within their AP workflows. Key components discussed include e-invoicing platforms, tax engines, and ERP integrations that ensure incoming invoices meet local compliance requirements. As tax authorities worldwide digitise VAT reporting and mandate structured invoice formats, businesses face increasing pressure to modernise AP infrastructure to avoid penalties and maintain input tax recovery rights.
Czech Republic: ViDA transposition bill submitted
The Czech Republic has submitted a bill to transpose the EU VAT in the Digital Age (ViDA) package into national legislation. ViDA represents a significant overhaul of EU VAT rules, introducing mandatory e-invoicing, digital reporting requirements, and updated rules for platform economy operators. The transposition bill signals the Czech Republic's progress toward implementing these EU-wide reforms, which aim to modernize VAT compliance, reduce fraud, and harmonize digital reporting across member states. Tax professionals operating in or with Czech entities should monitor the bill's progress, as it will introduce new obligations around real-time transaction reporting and structured electronic invoicing.
Spanish B2B e-invoicing technical guidance published
Spain has published technical guidance for its mandatory B2B e-invoicing system, advancing the country's implementation of electronic invoicing requirements for business-to-business transactions. The guidance provides technical specifications that businesses and their technology providers must follow to comply with the upcoming mandate. This follows Spain's Crea y Crece law, which established the legal framework for mandatory B2B e-invoicing. Tax professionals and finance teams operating in Spain should review the technical documentation to assess system readiness, ensure compliance with formatting and transmission requirements, and plan integration timelines ahead of the implementation deadlines affecting Spanish-registered businesses.
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