Decree 70/2025/ND-CP revises invoice issuance timing for high-volume services and adds rules for insurance, lottery, casino, and prize-based electronic games. Starting June 1, 2025, business households with annual revenue ≥1 billion VND (38,454.14USD) and enterprises selling goods must use e-invoices from cash registers. Erroneous invoices are prohibited. Adjustments to Invoice Issuance Deadlines... Read more

Mexico offers foreign tourists up to 16% VAT refunds on purchases at affiliated stores, with minimum purchase amount of $1,200 and payment methods of cash, credit, or debit card. When customers are visiting Mexico, they can get back up to 16% of the VAT (Value Added Tax) they pay on purchases at participating stores. To get this refund, there are a few things you need to keep in mind: You need... Read more

South Africa’s new VAT rules (Regulations No. 5993, effective 1 April 2025) update the treatment of electronically supplied services by foreign digital providers. B2B-only suppliers no longer need to register for VAT, while B2C and mixed suppliers must register if their turnover exceeds the threshold. Intra-group digital services are VAT-exempt under specific conditions. The changes aim to moderni... Read more

Under the EU’s ViDA initiative, new VAT rules from March 2025 make platforms in the accommodation and transport sectors liable for VAT on short-term stays (≤30 nights) and road transport, unless the supplier provides a valid VAT/OSS ID or qualifies under an SME scheme. B2C services are taxed where used, B2B where the recipient is based. Platforms must keep transaction records for 10 years. The rul... Read more

In 2024, U.S. ecommerce reached $1.192 trillion, with most online purchases involving taxable goods. Sales tax rates vary across more than 13,000 jurisdictions, and the applicable rate depends on state-specific sourcing rules, typically based on the shipping address, but sometimes the seller’s or billing address. Retailers must stay compliant with each state’s rules, including how shipping fees ar... Read more

Vietnam's Decree 70/2025/ND-CP amends Decree 123/2020/ND-CP, enhancing e-invoicing for digital and cross-border businesses. It expands e-invoicing scope, sets issuance timelines, mandates invoice content and format, and requires businesses with over VND 1 billion(38483.80USD) revenue to use cash register e-invoices linked to tax authorities. Vietnam is updating its e-invoicing system through Decre... Read more

Latvia is implementing mandatory e-invoicing starting in 2025 to simplify transactions, boost tax compliance, and reduce the shadow economy. The centralized model will be implemented for B2G transactions and B2B transactions in 2026. The initiative aims to reduce tax evasion, increase efficiency, and standardize EU-compliant formats. Challenges include technical upgrades, staff training, and initi... Read more