Regulatory news,
as it happens.
AI-curated regulatory developments from across the globe. Sourced from trusted publications, summarized for tax and IT leaders.
Global E-Invoicing Mandates Increasingly Challenging ERP Architectures
The proliferation of e-invoicing mandates worldwide is presenting significant challenges to existing Enterprise Resource Planning (ERP) system architectures. As...
Russia Proposes Changes to VAT Calculation for Contracts Under Evolving Tax Legislation
The Russian Government has submitted draft legislation to amend Article 168 of Part Two of the Tax Code, specifically addressing how Value Added Tax (VAT) shoul...
Innovate Tax Enhances Global VAT Validation Capabilities Through Infobel Partnership
Innovate Tax has announced a strategic collaboration with Infobel to significantly expand its global VAT validation and reverse lookup capabilities. This partne...
CJEU Rules Excise Duty Exemption for Denatured Alcohol Not Solely Based on CN Classification
The Court of Justice of the European Union (CJEU) has clarified in Case T-381/25 that the excise duty exemption for denatured alcohol, under Article 27(1)(b) of...
China's Zhejiang Province Mandates Full Transition to Digital E-Invoices, Phasing Out Traditional Invoices
The State Taxation Administration's Zhejiang Provincial Tax Service has announced the complete discontinuation of traditional "province-managed invoices" in fav...
Initial BEPS Pillar Two Filings Reveal Key Implementation Lessons for MNEs
Wolters Kluwer has published insights drawn from the first wave of BEPS Pillar Two filings, highlighting critical lessons and challenges encountered by multinat...
Hong Kong Prepares for Global Minimum Tax (Pillar Two) Implementation for MNEs
Hong Kong is progressing with its implementation of the OECD's Pillar Two global minimum tax rules, which will significantly impact multinational enterprises (M...
France Confirms Impending Rollout of Mandatory E-Invoicing and E-Reporting
The official French government portal, entreprendre.service-public.gouv.fr, has announced that mandatory electronic invoicing is 'coming soon,' signaling the ac...
Navigating the Risks of Tax Authority Pre-Filled VAT Returns
Tax authorities are increasingly leveraging granular transaction-level data, gathered through various digital reporting mandates such as e-invoicing, SAF-T file...
Vietnam's Mandatory Clearance-Type CTC E-Invoicing System Explained
Vietnam has implemented a mandatory nationwide Continuous Transaction Controls (CTC) e-invoicing system, effective since July 1, 2022. This 'clearance-type' CTC...
France Finalizes E-Invoicing Regulatory Framework Ahead of September 2026 Implementation
France has issued new legislation, including Decree No. 2026-677 and an Order from July 27, 2026, to complete the regulatory framework for its mandatory electro...
Singapore's IRAS Issues Updated Guidance for Major Exporter Scheme (MES) GST Compliance
The Inland Revenue Authority of Singapore (IRAS) has released the eighteenth edition of its e-Tax Guide for the Major Exporter Scheme (MES), effective August 3,...
Austrian VAT ID Use by Flat-Rate Farmers Eliminates Acquisition Threshold for Intra-Community Purchases
The Austrian Federal Finance Court has ruled that flat-rate farmers in Austria who obtain and utilize an Austrian VAT identification number for intra-Community ...
Austrian Supreme Court Affirms Denial of VAT Recovery in Abusive Property Leasing Schemes
The Supreme Administrative Court of Austria has confirmed that tax authorities can deny input VAT recovery in property leasing structures deemed abusive. Specif...
Canada's Inaugural BEPS Pillar Two Filing Deadline Approaches, Highlighting Compliance Challenges for Multinationals
Multinational enterprises and their tax advisors in Canada are facing the country's first filing deadline for the OECD's BEPS Pillar Two framework. This marks a...
Luxembourg Advances Towards Mandatory B2B E-Invoicing Using Peppol by 2028
Luxembourg is progressing with its domestic B2B e-invoicing mandate under Draft Law 8815, with a planned rollout by 2028. The mandate will leverage the Peppol n...
SEC Establishes Dedicated Unit to Combat Accounting Fraud
The U.S. Securities and Exchange Commission (SEC) has announced the formation of a new enforcement unit specifically targeting accounting fraud. This initiative...
Portugal Approves Temporary Solidarity Contribution for Petroleum Sector in 2026
The Portuguese Council of Ministers has approved a legislative authorization proposal to establish a temporary solidarity contribution specifically targeting th...
South Korea Unveils 2026 Tax Reform Plan, Addressing Pillar Two and CFC Rules
South Korea's Ministry of Economy and Finance has released its 2026 Tax Reform Plan, proposing significant updates to its international tax framework. The plan ...
UAE Initiates Registration Process for Pillar Two Global Minimum Tax
The United Arab Emirates has officially opened its registration process for Pillar Two, the global minimum tax framework established under the OECD/G20 Inclusiv...