The Italian Revenue Agency has released RT Technical Specifications Version 11.2, introducing updates to improve telematic recorder management and enhance clarity in fiscal documentation. Key changes include new rules for meal vouchers, identification of invalid documents, updated compliance transmission methods, expanded use cases, and revised technical requirements such as the Digital Fiscal Sea... Read more

The Inland Revenue Authority of Singapore (IRAS) has announced a phased timeline for GST-registered businesses to adopt InvoiceNow for electronic invoice data submission. The rollout will occur between 2028 and 2031, with deadlines based on business turnover, while new voluntary GST registrants must implement InvoiceNow earlier. To support the transition, the government will provide funding of up... Read more

The South African Revenue Service (SARS) is advancing its VAT Modernization program, which aims to introduce structured e-invoicing and near real-time invoice data reporting to replace periodic VAT filings. The system will enable ERP-based invoice transmission and AI-driven cross-checks to improve compliance and reduce the estimated R800 billion tax gap. Development and consultations are planned f... Read more

This document provides an overview of Ghana’s Certified Invoicing System (E-VAT), introduced as part of the Ghana Revenue Authority’s digitalization strategy to enhance revenue collection and improve tax compliance. Read more

Romania’s tax authority (ANAF) is updating pre-filled VAT returns to reflect the new VAT rates introduced in August 2025, including the 21% standard rate and 11% reduced rate. From 2026, outdated rates will be removed from Form 300 and RO e-TVA, simplifying reporting and aligning returns with the current VAT framework. Romania’s tax authority (ANAF) is updating its pre-filled VAT return form... Read more

During this period, affected businesses can either adopt GKS 2.0 early, register and wait for hardware, or temporarily use GKS 1.0 to remain compliant without changing the legal deadlines. The Belgian tax authority, FPS Finance, reminds stakeholders that the deadlines for the mandatory installation of the certified cash register system GKS 2.0 remain unchanged, despite ongoing developments and tem... Read more

The document serves as a legal and operational guide for retail, VAT, and compliance in Singapore. It covers regulatory details, VAT rules, reporting obligations, retail processes, and business registration. It highlights the absence of fiscalization, mandatory forms, penalties, and developments in e-invoicing, ensuring comprehensive compliance for retailers. Read more

The Q&A document is an essential resource that provides clear answers to the most frequently asked questions in retail. It saves valuable time by consolidating complex information into a practical and accessible format. Prepared by our team of experienced experts, it addresses key issues such as document types, business processes, the registration process, and the applicable laws and regulations. Read more

In this overview, we present the basics of Singapore: a non-fiscal country with no mandatory POS certification, hardware requirements, or tax authority communication, but businesses must issue receipts as proof of purchase. Read more

The purpose of this document is to emphasize the most important characteristics and requirements regarding receipts, invoices, return policies, online sales, record keeping, cash registers, VAT recording, penalties and store registration in the system of Singapore. Read more