Mexico’s e‑invoicing regime, governed by the CFDI XML format (Anexo 20, version 4.0), applies universally to all taxpayers and covers B2B, B2C, and B2G transactions with no turnover threshold. The 2026 tax reform tightens authenticity checks, expands SAT enforcement powers, and imposes fines of 5–10 % of invoice value for non‑compliance.

France’s e‑invoicing reform, which began on 1 September 2026, extends to foreign VAT‑registered businesses without a permanent establishment. These non‑resident firms must use an accredited platform to transmit e‑reporting data from September 2027, but are not required to issue French e‑invoices. Reporting is high‑frequency, with normal‑regime businesses filing three times a month and simplified‑regime businesses filing monthly.

The European Public Prosecutor’s Office (EPPO) launched an EU‑wide investigation into a cross‑border VAT carousel fraud scheme involving luxury cars, estimating tax damage of over €103 million. Nine suspects were detained in Czechia and Germany, with more than 150 searches carried out in nine EU countries and assets seized worth €13.5 million. The offences span the period 2017‑2025.

China has removed the 9% export VAT rebate on PV modules, marking a shift from price‑led subsidies to value‑based competition. The change is expected to raise costs for manufacturers and influence module pricing across markets. The policy reflects industry maturity and a focus on quality, efficiency, and long‑term bankability.

Vietnam’s 2025 VAT Law expands refund eligibility to investment projects, exporters, and 5%‑rate businesses with at least VND 300 million in accumulated input VAT, while tightening documentation and audit requirements. Key changes include removal of refunds for ownership or structural changes, stricter rules for deferred payments, and new limits on import‑export refund eligibility.