The Latvian Parliament adopted a revised draft law, No. 967/Lp14, setting new deadlines for mandatory e-invoice data reporting, domestic B2B transactions, and voluntary e-invoicing for small businesses.
Latvia: B2B E-Invoicing Mandate: New Timelines Approved
Public
Other countries
Author: Ema Stamenković
Category:
Fiscal subject related
Views:
383
Content accuracy validation date:
20.06.2025
Content accuracy validation time:
08:11h
On June 5, 2025, the Budget and Finance (Tax) Committee rejected a proposal (Amendments to the Accounting Law No. 927/Lp14) to delay the B2B e-invoice mandate to January 1, 2027. Instead, a revised draft law (No. 967/Lp14) was adopted by the Latvian Parliament (Saeima) on the same day, setting new deadlines:
January 1, 2026: Mandatory e-invoice data reporting to the State Revenue Service (SRS) for B2G and G2G transactions with budget institutions, alongside existing e-invoicing requirements.
January 1, 2028: Mandatory e-invoicing and data reporting to the SRS for domestic B2B transactions.
March 30, 2026: Suggested voluntary e-invoicing and data submission to the SRS for B2B transactions.
The government’s e-address platform requires enhancements, including invoice format adjustments, B2B e-invoice exchange capabilities, and automated SRS data submission. The extended timeline aims to give taxpayers, especially small businesses, more preparation time.
Other news from Other countries
Chile Set to Enforce New VAT Rules for Platforms
Public
Other countries
Author: Ema Stamenković
Other countries
Author: Ema Stamenković
Starting on October 25, 2025, Chile will implement new VAT regulations for low-value consignments. Non-resident taxpayers must register and remit VAT on goods valued at USD 500 and digital services. Businesses enabling sales to Chile, such as digital platforms, must also register. Imports up to USD 41 are currently exempt from tariffs and VAT. The tax agency confirmed the implementation will proce... Read more
Saudi Arabia: ZATCA Sets Rules for 24th Group in E-Invoicing Rollout
Public
Other countries
Author: Ema Stamenković
Other countries
Author: Ema Stamenković
The ZATCA has set criteria for selecting establishments in the "Twenty-Fourth Group" for electronic invoicing integration. Notifications will go to those with VAT revenues over SAR 375,000 by June 30, 2026. The second phase includes linking systems to Fatura and issuing specific invoice formats. The first phase started on December 4, 2021, requiring taxpayers to stop using handwritten invoices and... Read more
The Growing Complexity of US Sales Tax on Services
Public
Other countries
Author: Ljubica Blagojević
Other countries
Author: Ljubica Blagojević
US sales tax traditionally applied to products, not services, but many states are expanding their tax base to include services—especially digital offerings like SaaS and ebooks. Services fall into four categories: business, personal, professional, and maintenance/repair. Five states have no sales tax, four tax services by default, and the rest tax only specifically listed services. Multi-state bus... Read more
South Africa Proposes Major VAT Reforms to Modernize Tax System
Public
Other countries
Author: Ljubica Blagojević
Other countries
Author: Ljubica Blagojević
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
Public
Other countries
Author: Ljubica Blagojević
Other countries
Author: Ljubica Blagojević
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
Public
Other countries
Author: Ema Stamenković
Other countries
Author: Ema Stamenković
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
Public
Other countries
Author: Ljubica Blagojević
Other countries
Author: Ljubica Blagojević
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