Interesting stuff: blockchain applications for tax/VAT purposes

Andre van der Valk pointed out to an interesting article on the use of blockchain for tax purposes. This article is interesting especially after the news that China plans to use blockchain for e-invoicing and tax purposes.

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e-Invoicing becomes mandatory in Colombia as from 2019

As from 2019 all those responsible for declaring VAT and Impoconsumo (Consumer Goods Tax) will be obliged to use this new system, according to the changes made in the latest tax reform (Law 1819 of 2016).

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Rule of Crumb scales up its trading network using TrueCommerce as EDI provider.

August 15th, 2017 by in Case study, edi

Since initially implementing the TrueCommerce EDI solution, Rule of Crumb have added two further major customers to their network as part of their continued growth.

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Nordea teams up with Basware for dynamic discounting

August 14th, 2017 by in Cooperation, Europe

The newly agreed partnership means Nordea and Basware will jointly offer a dynamic discounting solution to Nordea’s corporate customers.

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SEEBURGER upgrades its use of Trustweaver’s cloud based compliance services to 55 countries

August 14th, 2017 by in Compliance, Electronic Invoicing

SEEBURGER upgraded its use of TrustWeaver’s services in more than 55 countries by fully integrating compliant archiving of invoices and other business documents.

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The Conversational Commerce Future in billing and payments

August 10th, 2017 by in Digitalisation, Payment

AcceptEasy CEO Peter Kwakernaak, explains why it is particularly important that consumers can click, pay and be on their way, no matter what channel in which they happen to be. 

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Spain SII requirements expanded – new mandates begin 1 January 2018

Starting January 1, 2018, companies in Spain’s Basque Country and Navarra must comply with the SII mandate – electronically submitting ledger and invoice details to the relevant tax authority within four days.

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Opus Capita acquires Swiss e-invoicing portal Billexco

The Billexco network is used by 15 000 supplier companies and 70 buyer organizations in Switzerland and Central Europe, and it is one of the three e-invoicing gateways to the Swiss government.

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China introduces blockchain to increase tax revenues and e-invoicing efficiency

Recently, the Chinese government announced that it will utilize blockchain technology for social taxation, increased tax revenue and electronic invoicing. The blockchain network is currently in development  and will be fully operational in October of this year. The name of this blockchain will most likely be GACHAIN: Government Affairs BlockCHAIN

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Turkey expected to mandate healthcare sector to switch to e-invoicing

More than 60 thousand taxpayers shall be obligated to complete their applications until December 31, 2017 and switch to e-Invoice as of January 1, 2018.

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