Archive for Asia
The Turkish Revenue Department (G?B) has published a draft communiqué related to e-Archive Invoice application, and it is expected to become compulsory.
Read MoreThe Ministry of Finance is drafting a circular with paper bills being replaced by e-invoices from the start of 2018. However both domestic and international companies fear that the shift comes to soon.
Read MoreCloudTrade’s partnership with Valtatech will strengthen the business’s presence in the Australian, Asian and Pacific markets, enabling businesses of all sizes to adopt CloudTrade’s unique e-invoicing solution.
Read MoreBusinesses across Russia have supported the transition to IoT-based real-time tax controls, emphasising the reduction of administrative barriers and the creation of a trustful retail environment.
Read MoreRecently, 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
Read MoreMore 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.
Read MoreGST has replaced a majority of indirect taxes in India, including CENVAT and Service Tax that were previously supported by TrustWeaver. The introduction of GST is expected to have a major impact on the Indian economy and public administration.
Read MoreKofax and ReadSoft will unite to create a single, independent company under the Kofax brand. The Perceptive Software business will become part of Hyland.
Read MoreThe Vietnamese General Department of Taxation has ruled that from 2018, firms with chartered capital of more than VND15 billion (>USD 659,000) must issue e-invoices and periodically send tax offices data on the issued invoices.
Read MoreIt is all about the mandatory use of e-invoices and e-receipts in commercial transactions between registered companies, their customers and the Bureau of Internal Revenue (BIR).
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