POLAND: VAT Split Payment
Beginning on the 1st of July 2018, a new Polish VAT regulation called VAT Split [...]
ITALY: Synthetic Indices to Tax Reliability (ISA)
From 2019 (Tax period 2018) the Statistics Based Tax Assesment (Studi di settore) have been replaced [...]
SPAIN: the new validations of the SII
Currently, the implementation of the Immediate Information Supply (SII) has meant an improvement and impulse [...]
GUATEMALA: First Steps Towards Electronic Invoicing & Online Reporting
Guatemala is following the growing tendency to require electronic billing from economic operators. Thus, in [...]
CHILE: Vat on the Digitization of Business
Every day there are more services of increasing importance provided through digital technology in the [...]
COLOMBIA: Transfer Pricing Regime and Timing of the Informative Returns
Starting in July of 2019, all taxpayers who have made transactions with related parties[1] must present [...]
PERU: Moves Towards the Implementation of Totally Electronic Invoicing
Peru has one of the most widely used electronic invoicing models in Latin America, which [...]
LUXEMBOURG: The Fiscal Advantages of a Key Enclave in Europe
Luxembourg is a relatively small country in the European Union with a population of 600.000 [...]
MEXICO: The End of Universal Compensation of Tax Balances
At the end of 2018, Mexico published the New Law of Income of the Federation [...]
GERMANY: New E-Commerce VAT Targets Revenue Loss Due to Internet Sales
As a measure to reduce revenue loss on e-commerce transactions, on 14 December 2018 Germany [...]