The Philippines has launched its VAT on Digital Services (VDS) portal for non-resident providers to register, file, and pay VAT. Initially, registration was via ORUS due to delays. Under Republic Act No. 12023, the rules cover a wide range of digital services used in the country, even without local presence. Providers must obtain a TIN, open a VDS account, and file quarterly returns. The BIR can a... Read more

China’s Ministry of Finance and tax authorities have clarified VAT rules for delivery and logistics services amid rapid e-commerce growth. These services fall under transportation and modern services, taxed at 9% VAT (or 3% for small-scale taxpayers), with input VAT deductions allowed. Cross-border deliveries may be zero-rated if proper customs and transport documents are provided. Firms must issu... Read more

On 11 August 2025, China’s Ministry of Finance and the State Administration of Taxation released the draft VAT Implementation Regulations for public comment, ahead of the new VAT Law effective 1 January 2026. Key changes include restrictions on input VAT credits (long-term assets above RMB 5m, non-VAT activities, loan-related costs), shifting annual reconciliation to enterprises, clarified cross-b... Read more

From January 2026, Brazil will require the national NFS-e (Electronic Service Invoice), replacing varied municipal formats to cut costs and simplify compliance under the Consumption Tax Reform. Municipalities gain better revenue control and transparency but risk losing Union transfers if they fail to adopt. By August 2025, 1,463 had signed on, 291 were issuing NFS-e, and the Federal Revenue Servic... Read more

Late payment penalties for VAT depend on days overdue, determined by the due date for VAT returns and assessments. The first penalty is 3% of the unpaid amount on day 15, 2% on day 15, and 3% on day 30 if no Time to Pay (TTP) application is made. The second penalty is 10% annual rate on outstanding amount, 4% on day 31. HMRC may assess penalties at intervals, with assessments made 7 days before th... Read more

OpenPeppol has released PINT AE v1.0.1, a revised specification for UAE VAT requirements, focusing on e-invoicing structure and content, with full compliance expected by early 2026. The most recent iteration of the UAE-specific Peppol specification, PINT AE v1.0.1, which covers both billing and self-billing use cases, has been made available by OpenPeppol. In accordance with UAE VAT regulations, t... Read more

Latvia mandates Business-to-Government (B2G) e-Invoicing since January 1, 2025, requiring public sector entities to accept and process e-Invoices compliant with the European Standard. A Business-to-Business (B2B) e-Invoicing mandate starts January 1, 2028, requiring Latvian-registered businesses to submit structured e-Invoice data to the State Revenue Service. There is no real-time reporting syste... Read more