Council Directive 2010/45/EU says that “Member States shall adopt and publish, by 31 December 2012 at the latest, the laws, regulations and administrative provisions necessary to comply with this Directive.” Portugal is one of these 27 member states and properly plays by the rules, because its government has published VAT legislative changes.
Read MoreIt’s for good reason that the medieval centre of Bruges is a UNESCO World Heritage Site. The largest city in the Belgian province of West Flanders doesn’t hang around in the Middle Ages when it comes to e-invoicing, because Bruges kicks off a major project to start off local authorities with e-invoicing in a simple and fast way.
Read MoreSusie West’s sharedserviceslink.com wants to keep its community for leaders in finance shared services open to different opinions. During their e-Invoicing Europe conference last July the European Commission’s influence on the e-invoicing market was brought up for discussion. The conclusions don’t look too rosy.
Read MoreThe European Commission invites everyone who has used an e-procurement platform as a bidder to contribute to the Golden Book of e-Procurement Good Practices. The survey is targeting users in a bidder role of any e-Procurement platform across Europe. The period of consultation runs from 11 September 2012 to 11 October 2012.
Read MoreHong Kongers aren’t afraid of doing things the electronic way. At the end of 2011, for example, there were 7.6 million individual e-banking accounts and 660.000 business e-banking accounts. These numbers must have won over the Hong Kong Monetary Authority (HKMA), because they will launch an electronic bill presentment and payment system in the second half of 2013.
Read MoreGo Red Devils! We hope that Belgian e-invoicing advances as majorly as their national football team. The recently approved draft proposal that aims to further simplify electronic invoicing and archiving for paper and electronic invoices puts us in an optimistic mood. The Belgians implement European Directive 2010/45/EU of 13 July 2010 with this new law.
Read MoreTo cut down on tax evasion, doctors, lawyers, accountants, engineers, dentists, and other professionals have to issue electronic invoices later this year. Especially these job types are addressed, because they show the highest rates of tax evasion. It is one of the measures announced by the Costa Rican president Laura Chinchilla (#nokidding).
Read MoreWith Directive 2001/115/EC each of the European member states has adopted (they had to) different approaches to set out a legislative framework for e-invoicing. Including Spain, which has been characterised in recent years by discrepancies in the requirements for electronic invoicing between the public and private sectors. So, what is deal here? Let’s take a look what’s going in Spain.
Read MoreHMRC released a technical note that explains the proposed upcoming modifications to the existing UK VAT invoicing rules. The note reflects the changes introduced by the EU Council Directive 2010/45/EU in the EU. However, GXS’s Nigel Taylor ended up with more questions than answers after reading the note…
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Why wait for 2020 like Europe if you can have it in place by 1 March 2013? It is clear that the American countries are setting the pace for e-invoicing and e-invoicing adoption. On 1 March this year the Treasurer of the United States, Rosie Rios, started an official countdown clock, marking one year until the March 1, 2013 deadline when ALL federal benefit recipients must receive their Social Security and other federal benefit payments electronically.
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