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.
DAC7 entered into force on 1 January 2023.
They must determine correct VAT treatment at checkout, assess seller VAT registration status, apply appropriate scheme (e.g., SME thresholds, deemed supplier rules), and collect and remit VAT directly.
It replaces periodic reporting with continuous transaction controls, requiring platforms to reconcile all transactions in real time and maintain audit‑ready data at all times.
They must reconcile tax authority data with internal accounts payable systems and may need to report transactions before internal recognition, requiring continuous reconciliation.
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e-Invoice.app · about 12 hours ago
This article provides a comprehensive, region‑by‑region overview of e‑invoicing requirements, detailing mandatory formats, transmission protocols, and deadlines for each country. It highlights key national mandates such as Italy’s FatturaPA, France’s Factur‑X, Germany’s XRechnung, and India’s JSON‑based IRP system, offering a practical guide for businesses operating across borders.
Fintua · about 15 hours ago
The article discusses how e‑invoicing transforms VAT recovery on travel and entertainment expenses, highlighting the shift from manual, employee‑driven processes to automated, XML‑based workflows. It outlines the challenges of identifying T&E invoices, preventing duplicate payments, and the varying complexities across EU jurisdictions, and offers practical guidance for businesses to implement classification logic and align e‑invoicing with ERP transformations.
VatCalc · 8 days ago
EU member states are pushing for a €2 customs handling fee on low‑value parcels (below €150) to take effect on 1 July 2026, ahead of the planned 1 November 2026 date. An interim €3 customs levy will also apply from 1 July 2026 until March 2028, while the €150 duty threshold is slated for removal under the 2028 customs reform. The fee could be reduced to €0.50 for importers registered with the Trust and Check Trader scheme.
VatCalc · 10 days ago
The European Court of Justice issued three rulings on 12 March 2026 that clarified VAT deduction rights across the EU. The decisions confirmed that Spain can maintain its entertainment expense restrictions under Article 176, that late invoices do not preclude deductions if claimed within the limitation period, and that technical failures in electronic refund transmission cannot cancel refund claims. These rulings reinforce that VAT rights cannot be undermined by excessive formalism or administrative shortcomings.
The Invoicing Hub · 19 days ago
EN 16931‑1, the EU e‑invoicing standard, is being updated to a mid‑2026 release that expands B2B functionality and aligns with the ViDA initiative. The revision is not backward compatible, requiring migration for existing version 3 implementations, and will be formally approved in late January 2026 with publication concluding within six months. Key national roll‑outs include Germany’s XRechnung 4.0 and France’s CTC extensions.
Bloomberg Tax · 23 days ago
Bloomberg Tax’s commentary examines the European Commission’s proposal to grant EU anti‑fraud bodies access to national VAT data, a move aimed at closing the €128 billion annual VAT gap. The article highlights the debate over jurisdiction and the balance between cross‑border enforcement and national sovereignty.
