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Spain has announced a temporary reduction of fuel VAT from 21% to 10% as part of an emergency indirect tax package aimed at easing inflation caused by Middle East conflict. The package also suspends excise duties on hydrocarbons, scraps a 5% electricity consumption tax, and mirrors the 2022 VAT inflation shield.
The blog post summarizes a session at ELEVATE 2026, emphasizing that VAT automation is now essential for global operations. It outlines practical steps—data stabilization, standardization, pilot automation, and continuous optimization—and highlights the role of co‑sourcing and AI in elevating tax teams from operators to strategic advisors.
Global e-Invoicing Requirements Tracker
Slovakia will enforce a 2027 e‑invoicing mandate for B2B and B2G domestic transactions, requiring invoices to be issued and received in the EU EN16931 structured format and reported in real‑time to the Finance Administration. The mandate will roll out in stages, with a voluntary transition in early 2026 and full compliance by 1 January 2027, while intra‑community e‑invoicing will become mandatory from July 2030. Additional changes include tax‑registration reforms effective 1 January 2026 to curb fraud and the replacement of control statements with the new e‑invoicing regime.
On 19 February 2026, Togo will impose an 18% VAT on foreign digital services supplied to consumers, following the 2026 Finance Law and a ministerial order. Digital platforms must collect and remit VAT and report annual income, with a 10% penalty for non‑compliance. The regime also introduces mandatory certified e‑invoicing for VAT‑registered businesses.