General subject related
During the sixth Trade and Technology Council (TTC) meeting, the United States and the European Union committed to improving electronic invoicing (e-invoicing) compatibility. The goal is to reduce global trade costs, enhance security, and streamline business processes like customs, payments, and fraud prevention.
Both sides agreed to a shared set of principles for e-invoicing:
- One connection, global access,
- No fees for switching service providers (Access Points),
- Open exchange networks where users can choose their own Access Point.
The US and EU will continue working together to ensure:
- Flexible data structures that support local legal needs but maintain core standards,
- Aligned invoice information so data is compatible across systems,
- Roaming capabilities that let users connect with each other regardless of service provider.
To support this effort, a new oversight body called the DBNAlliance has been launched from the US E-invoicing Pilot Project. It will:
- Define technical standards, policies, and security rules,
- Offer memberships to service providers (not businesses directly),
- Ensure all service providers can communicate within the network.
Businesses don’t need to join the alliance themselves, they just need a provider who is a member to send and receive e-invoices within the framework.
The Exchange Framework is a technical network designed for safe, standardized sharing of digital documents like invoices. It solves common problems such as how to connect systems, transfer information securely, and enable automation.
It uses a Four-Corner Model, where:
- All businesses act as both senders and receivers,
- Documents are exchanged through certified Access Points,
- Once connected, companies can send invoices to any other business on the network.
It supports:
- AS2/AS4 protocols,
- UBL 2.x structured formats (invoices, credit notes),
- Attachments and electronic signatures,
- Detailed data fields (e.g., supplier/customer info, shipping, taxes, payment info).
The US e-Invoicing Pilot
Led by the Business Payments Coalition and the Federal Reserve, the US tested a national e-invoicing model across three pilot waves in 2022. Over 80 organizations helped finalize specifications, and the system is now ready for widespread use.
E-invoicing helps businesses:
- Automate purchasing and payment workflows,
- Reduce errors, delays, and costs,
- Improve supply chain efficiency and visibility,
Enable cross-border communication and integration.
With both the US and EU aligned on a shared vision for e-invoicing, global trade can become more efficient, secure, and digitally connected than ever before.
Other news from Other countries
South Africa Proposes Major VAT Reforms to Modernize Tax System

South Africa’s 2025 draft TLAB and TALAB propose major VAT reforms to modernise the system and close compliance gaps. Key changes include extending intermediary rules to local suppliers, zero-rating silver exports and clinical trial services, exempting all basic education supplies (forcing some schools to deregister), removing low-value import thresholds, and tightening VAT registration with site... Read more
South Africa Releases VAT Draft to Advance E-Invoicing and Digital Reporting

South Africa's National Treasury and Revenue Service introduces e-invoicing, e-reporting, and an interoperability framework to modernize the VAT system. On August 16, 2025, South Africa’s National Treasury and Revenue Service released a draft amending the VAT Law, introducing definitions for e-invoicing, e-reporting, and an interoperability framework to modernize the VAT system. E-invoicing... Read more
New Zealand’s e-Invoicing Mandate: A Concise Overview

New Zealand is transitioning to e-invoicing as a standard, driven by the global Peppol Network and the regional PINT A-NZ specification. The Ministry of Business, Innovation and Employment (MBIE) oversees the adoption, with central public agencies required to receive e-invoices since March 2022. From January 2026, agencies processing over 2,000 domestic invoices annually must send and receive e-in... Read more
Malaysia Introduces 2025 Tax Reforms: E-Invoicing Rollout

Malaysia's tax authority has introduced new tax measures and compliance requirements for 2025, including mandatory e-invoicing for taxpayers with annual income between 5 and 25 million ringgits, increased support for MSMEs, and a new tax handling branch. On August 22, the Malaysian Tax Authority published e-Bulletin No. 4/2025, which detailed a number of new tax laws and compliance standards for 2... Read more
Indonesia Reforms Digital Tax Collection for E-commerce

Between May and July 2025, Indonesia introduced major reforms to strengthen e-commerce and digital tax collection. PERPRES-68/2025 creates a state-backed system to collect VAT on overseas digital sales, PMK-37/2025 appoints qualifying domestic and foreign platforms (PPMSE) as Article 22 income tax collectors with a 0.5% withholding on sellers’ revenue, and PER-12/2025 tightens VAT reporting and re... Read more
Colombia 2026 Tax Reform Proposal

Colombia's Ministry of Finance proposes tax reforms for 2026 budget, aiming to raise COP 26.3 trillion, including reduced VAT rates for hybrid vehicles, increased financial sector surcharges, and reduced personal income tax. On September 1, 2025, Colombia’s Ministry of Finance submitted a tax reform bill to Congress for the 2026 budget, aiming to raise COP 26.3 trillion. The bill reforms VAT... Read more
China VAT Rebate Policy Update 2025

China's State Tax Administration and Ministry of Finance have revised the VAT credit rebate policy to boost fiscal revenue. The policy now allows full refunds for four key industries: manufacturing, scientific research and technical services, software and IT services, and ecological protection and environmental management. Other sectors, including real estate, face partial refunds, requiring busin... Read more