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This article outlines the tax and compliance requirements for online stores operating in Bulgaria, including mandatory registration with the National Revenue Agency, submission of monthly audit files, and conditions triggering VAT registration. It also explains cross‑border obligations such as OSS, VIES, and Intrastat for EU and non‑EU transactions.
This article argues that e‑invoicing does not create new problems but instead exposes existing process failures. It highlights how structured invoices enforce strict validation rules in countries such as Italy, India, and Germany, and cites adoption statistics following Italy’s 2019 mandate. The piece also discusses the impact of e‑invoicing on exception rates, processing costs, and cycle times.
Global e-Invoicing Requirements Tracker
HMRC has released guidance (GfC18) to help businesses in the oil and gas sector determine the VAT place of supply for services. The document outlines special place of supply rules, general rules, fixed establishment rules and other factors that may affect VAT treatment. It is intended to reduce the risk of errors and penalties.
This webinar discusses how Booking.com scaled its e‑invoicing compliance across multiple European markets by centralizing tax data and partnering with Fonoa. The presentation highlights the shift from a country‑by‑country approach to a unified strategy, the cross‑functional collaboration required, and practical guidance on vendor selection and implementation planning.
KPMG releases its latest installment of the Taxation of the Digitalized Economy series, summarising VAT and indirect tax updates that affect digital platforms and cross‑border services. The update covers new VAT responsibilities in Chile, Significant Economic Presence rules in Côte d’Ivoire, DAC8 crypto and platform reporting progress in the EU, and emerging VAT measures for digital services in Jamaica, South Africa, Kazakhstan, Sweden, Mexico and Poland. These developments are relevant for businesses relying on digital business models, platforms and data‑driven services.
Governments worldwide are banning PDF invoices in favor of structured e-invoicing formats, with Belgium mandating Peppol BIS Billing 3.0 from 1 January 2026 and the EU’s ViDA regulation requiring structured invoices for all intra‑EU B2B transactions by July 2030. France, Germany, Poland, and India also have specific structured‑invoice mandates, creating a global shift toward machine‑readable data. The article explains the legal, operational, and cost implications of this transition for finance teams.
Basware’s latest blog post outlines ten key performance indicators that distinguish high‑performing organizations in e‑invoicing compliance. The research, based on responses from 400 finance, tax, IT, and compliance leaders, highlights challenges such as limited visibility into evolving mandates and reliance on spreadsheets, and offers practical steps for building a strategic compliance capability.
Fintua’s blog post outlines how digital platforms and marketplaces must shift to real‑time VAT compliance, driven by EU directives DAC7 and ViDA. It highlights the need for continuous transaction controls, platform liability to collect and remit VAT, and the challenges of reconciling data across jurisdictions such as Mexico and South Korea. The article stresses embedding compliance into systems and cross‑functional collaboration to meet evolving regulatory demands.
The article explains how the place of supply rules for travel services differ from standard B2B and B2C rules, highlighting key exceptions such as accommodation, transport, restaurants and event admission. It details how the Tour Operators Margin Scheme (TOMS) shifts the place of supply to the supplier’s location, offering potential VAT savings for UK and non‑UK businesses. Practical examples illustrate how different scenarios can change whether UK VAT is due.
The French e-reporting framework complements e-invoicing by capturing B2C, cross-border B2B and certain payment transactions through Flow 10 (F10). Flow 6 (F6) confirms acceptance or rejection of the reporting file. Reporting frequency and deadlines vary by VAT regime, with standard monthly taxpayers submitting transaction data three times a month and payment data once, all due 10 days after each period.
Germany’s KoSIT confirms progress on XRechnung 4.0, aligning with the forthcoming EN 16931‑1:2026 standard. The article outlines key milestones: the EN 16931 release in March 2026, XRechnung 4.0 specification in the second half of 2026, mandatory electronic invoicing for all German businesses by 2028, and national and intra‑community VAT reporting from July 2030.