Archive for Compliance

How to make sense of e-Invoicing mandates and protect your business

In their upcoming webinar, Anachron takes a look at the current state of e-Invoicing across Europe and beyond. Anachron discusses the challenges and opportunities of mandated e-Invoicing.

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Seminar: UK Mandate for e-Commerce & PEPPOL

Mandates are now in place within the NHS for all suppliers to trade electronically. Please sign up for this free seminar at Kings Cross Station to learn more about the mandate, PEPPOL and how to comply with it!.

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FATCA, CDOT and LATAM cross-border requirements: Building blocks toward comprehensive common reporting standard

September 12, 2016  |  Compliance, Latin America

What started within individual countries to maximize tax revenues within their own borders has grown into regional - and now global - alliances to share information that will cut down on fraud at both the corporate and individual levels.

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e-Invoicing and e-Archive Invoicing in Turkey, an update

September 6, 2016  |  Asia, Compliance, Electronic Invoicing, Europe

e-Invoice system is a structure that circulates only among the registered users. The invoice recipient is required to be on the list of registered users of Revenue Administration (GIB) in order to be able to perform e-Invoice transmission.

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VAT Gap: Nearly EUR 160 billion lost in uncollected revenues in the EU in 2014

September 6, 2016  |  Compliance, Europe, Featured Articles

A staggering €159.5 billion in Value Added Tax (VAT) revenues were lost across the EU in 2014 according to figures released by the European Commission today. Compared to 2013, the 2014 VAT GAP has decreased by €2.5 billion but individual performances of Member States still vary enormously when it comes to VAT compliance. Some 18 Member States showed an improvement in their figures, while eight Member States failed to collect more VAT revenues than the year before.

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FATCA, CDOT and LATAM cross-border requirements: Building blocks toward comprehensive common reporting standard

September 6, 2016  |  Adoption, Compliance, Latin America, North America

The global focus on curbing tax fraud is shifting into high gear, as reporting deadlines under the OECD’s new Common Reporting Standard draw nearer. Three separate requirements, in particular, are paving the way for a more comprehensive global initiative set to take effect next year: FATCA, CDOT and FEI.

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The Invoiceware International LATAM Compliance update: Mexico, Brazil and Colombia

August 31, 2016  |  Compliance, Latin America

Invoiceware International has tons of experience and knowledge in e-invoicing, AP automation and accounting compliance in Latin American countries. Underneath is an update of their most recent thoughts that they shared with te world.

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Saudi Arabia mandates B2B e-invoicing, as an respond to lower oil prices

August 16, 2016  |  Asia, Compliance, Electronic Invoicing

The mandate will be gradually enforced and comes ahead of the introduction of new taxes over the next two years. The new taxation initiatives are part of the Saudi government's aim to diversify its revenue streams while oil prices remain low.

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EDICOM Resource center: LATAM E-invoicing status Q3 2016

The EDICOM e-Invoicing Observatory has applied its knowledge to draft a guide with the requirements and technical features of the e-billing schema in different Latin American countries. Find out how to approach this technological challenge successfully with EDICOM’s White Paper.

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“E-invoicing has been the biggest change since the Romans”

After a shaky start, the Spanish Ministry of Finance states that the process of implementation of this plan has been a success. At the moment, suppliers have sent nine million electronic invoices for a superior value of 46,000 billion Euro.

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