As e-commerce fraud rises, new security standards (PCI DSS 4.0.1) will take effect in March 2025, requiring online retailers to secure their entire website, strengthen authentication, and monitor third-party scripts and payment pages. Merchants must assess their compliance level, implement necessary security controls, and document efforts to meet the new requirements, with larger businesses facing... Read more

Singapore is introducing mandatory e-invoicing and direct tax data reporting to improve tax compliance, requiring businesses to modernize their accounting systems. A phased rollout begins in May 2025, and companies must adapt to real-time tax reporting to stay compliant and avoid audit risks. Singapore has built a strong digital government system, and businesses are now expected to follow suit wit... Read more

Canada has a complex sales tax system with different taxes at both federal and provincial levels. Businesses must navigate GST, HST, PST, QST, and RST, depending on their location and sales type. Additionally, digital sales taxes apply to non-resident businesses selling digital goods and services in Canada. Proper registration, tax collection, and compliance are essential to avoid penalties and en... Read more

Malaysia's Inland Revenue Board has revised e-invoicing guidelines, introducing new exemptions and consolidated conditions for self-billed transactions, with provisions set for implementation by July 2025. Malaysia's tax authority, the Inland Revenue Board, has issued some fresh e-invoicing rules. These updates, which came out on January 28, 2025, touch on both the main e-Invoice Guideline (now at... Read more

The Nebraska Department of Revenue has updated its sales tax advertising rules, prohibiting businesses from claiming they will cover or exclude sales tax in advertisements. Retailers must list sales tax separately on invoices, and those unsure about compliance can consult the DOR before advertising. The Nebraska Department of Revenue (DOR) has updated its rules on how retailers can advertise sales... Read more

On February 13, 2025, Colombia’s DIAN proposed updates to e-invoicing rules, limiting the purchaser information required for invoices and allowing automated ID-based data entry for billing. The changes also restrict public utility invoices to service-related charges unless the user consents, with a 48-hour window for issuing invoices in case of technical issues. On February 13, 2025, Colombia&rsqu... Read more