Sweden has mandated e-invoicing for all Business-to-Government (B2G) transactions since April 1, 2019, requiring suppliers to public entities to submit invoices electronically in the Peppol BIS Billing 3.0 format. While Business-to-Business (B2B) and Business-to-Consumer (B2C) e-invoicing are not yet mandatory, they are gaining traction due to their efficiency and cost-saving benefits. Read more

Sweden has updated its simplified invoice rules by repealing regulation SKVFS 2005:14 and introducing new VAT provisions under SKVFS 2024:26, effective December 2024. These changes align with EU VAT directives and simplify invoicing for specific scenarios such as vending machine sales, public transport, toll payments, and combined electricity services. Read more

Starting January 2025, Sweden's tax agency, Skatteverket, will implement new VAT regulations for simplified invoices under specific scenarios. These include sales through payment machines, public transport transactions, toll payments, and the supply of electrical power and network services if combined on the same invoice. Read more

Sweden’s public sector e-procurement initiative, SFTI, will transition to Peppol BIS standards by July 1, 2025, replacing the EDIFACT-based SFTI ESAP 6 standard for purchase orders to modernize and streamline digital transactions. Peppol BIS formats, including tools for catalog creation, ordering, invoicing, and shipment notifications, will improve efficiency, clarity, and global interoperability... Read more

Sweden has announced amendments to the VAT Act, effective January 1, 2025, to streamline the system and provide clearer guidelines. Key updates include new VAT exemptions for small businesses with low annual turnover, revised definitions for taxable activities, and a 12% VAT rate for certain art and antique transactions. The amendments also outline conditions for input tax deductions and detailed... Read more

If you are struggling with complex e-invoicing implementations across multiple countries, and if you are concerned about mounting costs, potential delays, or compliance risks, our webinar will help you to learn how global retailers can streamline e-invoicing efficiently! With countries worldwide mandating e-invoicing, international retailers face unique challenges adapting to new regulations acros... Read more

The EU's Economic and Financial Affairs Council (ECOFIN) has approved the Value Added Tax in the Digital Age (ViDA) proposal, aiming to modernize VAT rules and combat tax fraud. ViDA introduces key measures like Digital Reporting Requirements (DRR), VAT collection for the platform economy, and expanded Single VAT Registration, with implementation planned from 2027 to 2035. Businesses must prepare... Read more