This greatly facilitates businesses sending e-invoices, providing they maintain 'business controls which create a reliable audit trail between an invoice and a supply of goods or services,' just ...

How e-invoicing affects you “There is some misunderstanding that e-invoicing is like the Goods and Services Tax (GST), which required some companies to change their entire accounting system.

One of the biggest shifts is related to the e-invoicing regulations, which are becoming obligatory in an increasing number of countries. Why are so many countries going paperless? The main ...

The final phase is for all businesses or enterprises offering sales or services to come on board with e-invoicing by July 1 ...

Sovos has emerged as a trusted advisor that provides advisory services for other vendors in the e-invoicing space, in addition to customers." As more governments across Europe introduce mandatory ...

in contrast to other jurisdictions where e-invoicing is linked to broad-based transactional taxes like the goods and services tax (GST) and value-added tax (VAT). Focus on expenses: Currently ...

On November 29, 2023, the local branch of the State Taxation Administration (STA) in the Tibet Autonomous Region issued announcements on conducting the pilot program for fully digitalized electronic ...

After almost two years of negotiations, the Council of Ministers has agreed on a package to reform the VAT system, which is ...