Latest News

Turkiye Updates e-Archive System: Takes Effect October 3

Turkiye’s Revenue Administration (GİB) announced updates to the e-Archive package and e-Archive Technical Guide. The new updates will take effect from October 3, 2025.

Chile Introduces New Requirements for Business-to-Consumer Invoices: Effective September 2025

Chile’s Internal Revenue Service (SII) has published a technical change requiring additional recipient and payment information for business-to-consumer (B2C) electronic invoices (boletas). The regulation announced on December 31, 2024, will take effect no earlier than September 2025.

Denmark Advances Accounting Digitalization:Common Standard Chart of Accounts and SAF-T File Format

Denmark’s Business Authority and Tax Agency have developed two new standards to facilitate companies’ sharing of accounting data. The common public standard chart of accounts and SAF-T file format aim to simplify data sharing while reducing error sources.

Romania Reforms VAT System for Small Businesses:395,000 Lei New Threshold

The Romanian government has published a comprehensive ordinance regulating the special VAT exemption regime for small enterprises. The regulation, taking effect on September 1, 2025, raises the exemption threshold from 300,000 Lei to 395,000 Lei.

Zambia Adopts Smart Invoice for Tax Compliance

Zambia is revolutionizing tax compliance with the introduction of the Smart Invoice system. Starting July 1, 2024, all VAT-registered businesses must adopt this software-based solution, replacing the current Electronic Fiscal Devices (EFDs).

ZRA (Zambia Revenue Authority) Announces Smart Invoice Grace Period

The Smart Invoice System is a pivotal initiative aimed at bolstering revenue integrity and optimising service delivery within Zambia’s tax administration. 
The electronic invoicing system, officially launched by Finance and National Planning Minister, Situmbeko Musokotwane, on March 19, 2024, became mandatory starting July 1, 2024. 

Germany Consolidates E-Invoice Portals: ZRE Closing, OZG-RE Becomes Single Platform

Germany’s Federal Ministry of the Interior and Community (BMI) and Federal Ministry of Finance (BMF) decided on November 19, 2024, to begin consolidating federal e-invoice portals. The ZRE platform will be discontinued in Q4 2025, with all operations moving to OZG-RE.

Japan Updates E-Invoice System: PINT v1.1.1 Now in Effect

Japan’s Peppol authority has updated its e-invoicing system to align with PINT v1.1.1 specifications. The new version, effective from May 28, 2025, affects all Peppol network users in the country.

Romania Updates Tax Registration Forms:ANAF Publishes New Draft Order

Romania’s National Agency for Fiscal Administration (ANAF) has prepared a new draft order to update tax registration forms for taxpayers and VAT registration/deregistration forms. The draft dated September 2, 2025, aims to modify two existing orders.

Canary Islands Implements Major IGIC Registry Changes: Effective October 2025

The Canary Islands Government Ministry of Finance and EU Relations has published significant modifications to the electronic maintenance of General Indirect Tax (IGIC) registry books. The mandatory changes announced on February 19, 2024, will take effect on October 1, 2025.