IN 2018, Republic Act No. 10963, or the Tax Reform for Acceleration and Inclusion Law, introduced the mandatory use of electronic receipts, sales and commercial invoices, in lieu of manual receipts, ...
Electronic invoicing, or e-invoicing, is sweeping the globe as governments seek to eliminate tax fraud and maximize revenue collection; however, it carries with it similar security risks that have ...
AMMAN — The National Electronic Invoicing System has issued around 100 million invoices since April 2025, reflecting strong compliance by businesses and individuals, Income and Sales Tax Department ...
MANILA, Philippines – The Bureau of Internal Revenue (BIR) has formally extended the compliance period for the mandatory issuance of electronic invoices (e-invoices), giving covered taxpayers until ...
Forbes contributors publish independent expert analyses and insights. Aleksandra Bal covers indirect tax and technology developments. The European Union is undergoing a major shift in how it ...
Forbes contributors publish independent expert analyses and insights. Aleksandra Bal covers indirect tax and technology developments. Germany's mandatory e-invoicing system will be implemented in ...
Business Daily Africa on MSNOpinion
Reverse invoicing under eTIMS bridging informality and compliance
Kenya’s eTIMS lets buyers issue invoices for informal suppliers, bringing more transactions into the tax system.
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KRA Rolls Out eTIMS System for Petrol Stations
The Kenya Revenue Authority (KRA) has announced the implementation of the electronic Tax Invoice Management System (eTIMS) for petrol stations. In a statement on June 27, 2025, KRA stated that the ...
(MENAFN- MOF.GOV) Abu Dhabi, 29 September 2025: The Ministry of Finance announced the issuance of two Ministerial Decisions clarifying the scope of obligations and the timelines for implementing the ...
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