Tax audits are becoming an increasingly important part of modern tax systems across Europe, especially in the retail sector where transaction volumes are high and compliance requirements are constantly evolving. With different fiscalization models in place across Germany, France, and Italy, understanding what authorities actually check during tax audits is essential for retailers and software pro... Read more

Tax audits are becoming an increasingly important part of modern tax systems across Europe, especially in the retail sector where transaction volumes are high and compliance requirements are constantly evolving. With different fiscalization models in place across Germany, France, and Italy, understanding what authorities actually check during tax audits is essential for retailers and software pro... Read more

The ECB's analysis indicates Bulgaria's euro adoption is proceeding smoothly, with minimal price shocks and inflation increases. Public confidence in the euro has improved, reflecting experiences similar to other eurozone nations. The European Central Bank (ECB) has released its first analysis following Bulgaria’s entry into the euro area. The report shows that the introduction of the euro i... Read more

Chile's tax office postponed the implementation of new dispatch guidelines and invoice regulations to November 1, 2026, giving companies additional time for compliance preparation. The introduction of new regulations for dispatch guidelines and invoices used in the transfer of goods has been postponed by Chile's tax office. Exempt Resolution No. 52, announced by the Servicio de Impuestos Internos... Read more

Germany introduced a new standardized VAT registration certificate (VAT 1 TN), replacing previous guidance. The certificate serves only as proof of VAT registration, is valid for up to one year, and can be issued electronically without signature. The update mainly simplifies procedures and supports digitalization and cross-border VAT use. Read more

Malta's VAT-based fiscal system requires retailers to issue fiscal receipts for transactions, allowing flexible methods like hardware, electronic, or manual solutions while ensuring compliance. Malta has maintained a stable and flexible fiscalization framework since the introduction of the Value Added Tax Act on 1 January 1999, marking the country’s transition into a VAT-based fiscal system.... Read more

Merchants in Italy may gain a 5% tolerance on penalties for payment terminal errors. An amendment proposed to reduce fines for minor discrepancies, responding to trade associations' complaints about harsh penalties. Merchants in Italt may soon benefit from a 5% tolerance on penalties for errors in connecting payment terminals with electronic cash registers. An amendment to the Fiscal Decree, anno... Read more

Saudi Arabia’s ZATCA is mandating e-invoicing via its Fatoora platform to enhance transparency. Phase 1, completed in December 2021, introduced electronic invoicing. Phase 2, rolling out, includes B2B/B2G validations and B2C tax reporting. Saudi Arabia is progressively rolling out mandatory e-invoicing and e-reporting requirements for all businesses, led by the Zakat, Tax and Customs Authority (ZA... Read more

The Tax Administration of the Republic of Srpska introduced a procedure allowing continued issuance of fiscal receipts during EFU malfunctions by using a temporary Security Element (SE) valid for up to 15 days. Taxpayers must promptly request replacement of the faulty smart card, ensuring full compliance while maintaining uninterrupted retail operations. The Tax Administration of the Republic of S... Read more

Brazil’s CGSN Resolution No. 186/2026 sets new deadlines for opting into Simples Nacional for 2027 and introduces flexibility for companies to choose the regular IBS/CBS tax regime, allowing separate tax payments and input tax credits. The changes, part of Brazil’s broader tax reform, require businesses to reassess their tax strategy and prepare systems for a transitional period in 2027, especial... Read more

The e-invoicing testing environment will be temporarily unavailable on April 28, 2026 due to system upgrades introducing new API functionalities and enhanced testing capabilities. Read more

The State Tax Inspectorate of Lithuania has issued Order No. VA-30, amending Order No. VA-85, concerning cash registers and vending machines in Lithuania. The amendments extend deadlines for compliance assessments, enable external experts for examinations, clarify existing procedures, improve legal clarity regarding technical requirements, and refine rules for device removal. Additionally, it spec... Read more

The UAE Ministry of Finance issued Ministerial Decision Nos. 243 and 244 of 2025, establishing a national e-invoicing system with a phased implementation. Detailed guidelines and regulations followed, outlining penalties for noncompliance. The e-invoicing regime applies to all business transactions in the UAE, with exceptions for specific entities. The implementation timeline consists of pilot, vo... Read more

Greece has proposed a tax reform introducing a flat €100 penalty for late or missing VAT returns, even when no tax is due, aiming to create a more proportionate and uniform penalty system. The measure, currently under public consultation, also offers potential relief for past violations and requires businesses to strengthen compliance processes to avoid penalties. The Greek Ministry of National Ec... Read more

Turkey is rolling out a new e-Declaration system for VAT returns, gradually replacing the old platform with open-source software and introducing it in phases across provinces through 2026. Taxpayers in affected regions must submit VAT returns using updated forms via the Digital Tax Office or integrated accounting systems, as the country moves toward a fully modernized nationwide filing framework.... Read more

Brazil’s SINIEF Adjustment No. 14/2026, published on April 9, 2026, reduces the deadline for recipient confirmation of e-invoices (NF-e) from 180 to 90 days, after which invoices are automatically considered accepted. Effective June 1, 2026, the change requires businesses to strengthen controls, monitor incoming invoices more closely, and accelerate validation processes to avoid unintended accepta... Read more