Archive for Compliance

Germany prepares legislation to mandate future B2G e-invoicing

The German Ministry of Internal Affairs (BMI) has drafted new legislation to transpose the EU Directive 2014/55/EU into German legislation. However, the new German draft regulation has an ambition that goes far beyond the EU Directive 2014/55/EU.

It shall for example affect all invoices, regardless of the amount. In addition it paves the way for the government to define further requirements, for instance mandating suppliers to send invoices just in electronic format. The latter however has net yet been drafted.

Uruguay passed its first scheduled e-invoicing migration deadline

More and more Uruguayan businesses are signing up to Because they have to. Last June 1st was the first deadline set by the General Tax Directorate (DGI) for 2016. Since then, all taxpayers that had sales to the tune of 30 million IU or more last year are required to issue VAT compliant e-invoices (CFE).

Read More

Mandatory XML e-invoicing towards Dutch central agencies as from 1 January 2017

The Dutch Ministry of Economic Affairs has decided that for all contracts signed after 1 January 2017, only accept XML electronic invoices from suppliers will be accepted. The Dutch government hopes to encourage other municipalities, provinces and water management organisations to switch as well. As these are not yet obliged to do so, yet.

Read More

Tax compliance expert weighs in on hidden opportunities from Brexit

June 28, 2016  |  Compliance, Europe

Andy Hovancik, CEO of global compliance solution Sovos Compliance, helps multinationals like Coca-Cola, Nationwide, Fidelity and 3,000 other clients comply with complex tax regulations like those in the E.U., and he anticipates two key benefits from Britain’s exit.

Read More
Indonesia: mandatory E-invoicing for ALL taxable enterprises as from 1 July 2016

Indonesia: mandatory E-invoicing for ALL taxable enterprises as from 1 July 2016

Since July 2015, the Directorate General of Taxes have been mandating enterprises in the Java and Bali region to use e-invoicing. In addition, it has since then also pointed out to all buyers of goods and services who receive tax invoices, to ensure that the received tax invoice received is an e-invoice (or and e-bill, from the consumer’s perspective).

Read More

Mexico’s SAT Changes to Compliance Requirements: 14 New Data Changes [Webinar]

June 21, 2016  |  Compliance, Events, Latin America

Join Invoiceware International on Thursday, June 30th, at 10am ET to learn about the changes to compliance requirements in Mexico. During the webinar they provide details on these latest requirements in Mexico and how they will impact your ERP system.

Read More

Pagero and Primelog sign strategic partnership

Using Primelog’s services, Pagero’s customers can handle additional message types electronically: transport bookings, shipping instructions and transportation status. Pagero can set up rules for validation of inbound messages to minimize manual error handling. Pagero can also offer invoice auditing of all logistics invoices.

Read More

UK NHS e-Procurement Strategy: Key actions to take before 2016

June 16, 2016  |  Compliance, Europe, Procurement

Due to the breadth of the project, an e-procurement strategy rollout is divided into different phases. The next deadline to be met is September 30, by which time suppliers must have PEPPOL/GS1 compliance plan, join a PEPPOL Access Point, assign the GLN code to suppliers and upload it to the GLN registry and add a GTIN designation to the products.

Read More

FIT Solutions’ e-Transformation is transforming Turkey

FIT Solutions keeps on being the leading solution partner in e-Transformation® processes of the enterprises in Turkey. The products of FIT, which provides services to 70% of the biggest 2000 enterprises in Turkey.

Read More

BREAKING: Sovos Compliance buys Invoiceware International

With the acquisition of Invoiceware, Sovos is now able to offer the only complete, multi-country Latin American value added tax platform, getting a step closer to his goal of offering the first complete global solution for multi-national companies.

Read More