VAT news tagged as "Invoice requirements"

Denmark

Denmark to exempt foreign e-services suppliers from invoice requirements

February 21st, 2015

Denmark is proposing to exempt foreign providers of electronic and digital services to its consumers from Danish invoice obligations. EU-based non-resident providers of e-services to consumers have faced a major change in 2015 B2C EU digital VAT rules. This requires them to now track and charge the VAT rate of the country of residency of …


Angola

Angola VAT invoice changes

November 27th, 2013

Angola has issued new tax guidance on the requirements for VAT invoices.  This has been published in the official Gazette, and comes into effect on 30 November 2013. New VAT invoice requirements The new requirements for VAT invoices include: Name, address and tax id number of the supplier Name, address and tax id number of …


Germany

German VAT invoice requirements

September 8th, 2013

Below is a summary of changes to the requirements for German VAT invoices.  This follows the Parliamentary approval of a new Act to implement a range of changes to bring German VAT compliance rules into line with the EU VAT Directive and a number of recent court cases.  The implementation date for these changes will …


Turkey

Turkey imposes new e-invoice obligations

July 16th, 2013

The Turkish VAT authorities are creating a compulsory e-invoice system for all companies and individuals from 1st September 2013. Any company issuing or accepting e-invoices in Turkey, which were introduced in 2010, must register with the new Revenue Administration portal, and process invoices through it. In Europe, the 2nd VAT Invoice Directive was implemented across …


Indonesia

Indonesia updates its VAT invoice requirements

April 17th, 2013

From the start of this month, all VAT registered business will be required to start using the new standard VAT invoice reference numbers, issued by the tax authorities (DGT). Companies must apply for registration with the new invoice issuing number online system, and obtain and activation code.  This will enable it to go online a …


Germany

Germany clarifies VAT e-invoicing requirements

July 30th, 2012

The EU Invoicing Directive 2010/45/EU issued in July 2010 required Member States to establish tax legislation by mid 2012 for implementation no later than January 2013. The Directive represented another step forward in harmonisation, designed to standardise VAT invoicing. A major section related to electronic invoicing or e-invoicing. It specified that e-invoices should be treated …


Germany

Germany VAT invoicing rules simplified

October 8th, 2011

Along with European Union simplification of invoice requirements for VAT, Germany has now approved new rules on the use of electronic invoices. The rules on German VAT compliance can be reviewed by clicking here. From 2012, companies may use electronic only invoices if both sides of the transaction are agreed. The Tax Simplification Act has …