The French Tax Administration has introduced new guidelines allowing taxpayers to correct invoices with incorrectly charged VAT within a two-year window, aligning with the tax authorities' three-year reassessment period. Suppliers can now recover wrongly invoiced VAT until December 31 of the second year following the taxable event, and they no longer need to prove good faith in their error to qual... Read more

The Danish Business Authority released Peppol BIS3-Other package version 1.2.11 on February 12, 2025, incorporating Peppol's hotfix for schematron version 3.0.14, which became mandatory on February 17, 2025. The update requires users to also adopt Danish CIUS package version 1.14.0, which includes Peppol schematrons updated to version 3.0.18. Read more

Norway and Denmark both use the Standard Audit File for Tax (SAF-T) but with different implementation approaches and requirements. Norway's SAF-T, mandatory since 2020, is submitted only upon request, while Denmark's SAF-T is part of ongoing digital bookkeeping obligations with set deadlines. Read more

What does the Draft Law on the fiscalization of financial transactions bring? How will it impact businesses? Join us for our next webinar on February 27th at 3 PM, where Tara Nedeljković, our legal expert, will break down the latest fiscalization updates in FBiH and answer all your key questions.📅 Save the date & register now! https://fiscalsolutions.clickmeeting.com/new-draft-law-on-fiscaliz... Read more

What does the Draft Law on the fiscalization of financial transactions bring? How will it impact businesses? Join us for our next webinar on February 27th at 3 PM, where Tara Nedeljković, our legal expert, will break down the latest fiscalization updates in FBiH and answer all your key questions.📅 Save the date & register now! https://fiscalsolutions.clickmeeting.com/new-draft-law-on-fiscaliz... Read more

The Croatian government is implementing price controls on 70 essential products starting February 7, 2025, to combat inflation and ensure affordability for consumers. Retailers must clearly display controlled prices, post informational posters, and designate specific sales areas for these items in larger stores. Read more

Greece has introduced a Deposit Return System (DRS) for plastic and metal beverage packaging to promote recycling and reduce waste, in line with EU Directive 2019/904. Consumers will pay a deposit fee of €0.10–€0.15 per container, which is refundable upon returning the empty packaging to designated collection points. Read more

Romania now allows businesses to provide printed fiscal receipts for card payments only upon customer request, while printed receipts remain mandatory for other payment types. Despite this change, many small retailers plan to continue issuing printed receipts to avoid operational challenges and maintain customer trust. Read more

Lithuania's fiscalization system was upgraded in 2023 through the i.EKA project, which modernized fiscal devices and enhanced communication with the state tax inspectorate. The system operates under strict legal and technical regulations, with updates made periodically to ensure compliance. Read more

Spain's upcoming fiscalization system will apply specifically to computerized billing systems (SIF) used for issuing invoices and simplified invoices. These regulations, outlined in Royal Decree 1007/2023, will affect businesses required to issue invoices but will not apply to other systems used solely for generating non-fiscal supporting documents.   The fiscalization system in Spain is cer... Read more

The Tax Administration of the Republic of Srpska has published decisions on approved requests for subsidizing the initial costs of fiscalization for taxpayers in the first group. The list, available on the Fiscalization Portal, details approved subsidies for businesses that transitioned to the new fiscal system in 2024. Read more

Italy's new software solution requires businesses to install and configure the PEM module, which is responsible for transmitting data to the Revenue Agency in a structured format. Each PEM is assigned a unique 11-character serial number, used to generate a Certificate Signing Request (CSR) for activation. Read more

In Sweden, businesses handling cash or card transactions must use certified cash registers or POS systems that meet strict fiscalization requirements set by the Swedish Tax Agency. These systems must securely store sales data, generate reports, enable electronic journaling, and connect to a verification system to prevent fraud and ensure compliance. In general terms, all businesses that handle cas... Read more

Slovenia's eDavki portal received updates on February 6, 2025, to correct errors in DOD-DDPO and DDD-DDD tax returns, including fixes for total calculations and balance sheet data submission. Read more

The Philippines Bureau of Internal Revenue (BIR) is implementing an Electronic Invoicing System (EIS) initially targeting the top 100 taxpayers to streamline tax reporting and improve compliance. The EIS, which requires businesses to submit electronic invoices in JSON format through an API, aims to reduce tax fraud, enhance trade competitiveness, and encourage digital transformation. Businesses ar... Read more

The Danish Business Authority has released OIOUBL Schematron 1.15 (RC) for OIOUBL 2.1, introducing stricter VAT validation rules to improve e-invoicing accuracy. Changes include mandatory 0% VAT rates for Zero-Rated items, stricter VAT amount calculations at the line level, and enhanced VAT summary validation for entire invoices. . Read more