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

Brazil has approved a sweeping consumption tax reform, replacing its fragmented system of ISS, ICMS, PIS, and Cofins with a dual-VAT model: the IBS (subnational) and the CBS (federal). Enacted through Constitutional Amendment 132/2023 and Supplementary Law 214/2025, the reform will be phased in from 2026 to 2032. It also introduces a federally managed unified electronic invoice, replacing multiple... Read more

The Australian government plans to make e-invoicing the default method for exchanging invoice information with Commonwealth government agencies by mid-2026. By December 2026, agencies must enable automated e-invoicing and meet clear adoption deadlines. E-invoices now meet tax invoice requirements in Australia, providing certainty for businesses adopting digital invoicing. Full e-invoicing adoption... Read more

The Simplified Sales Tax (SST) program, adopted by 24 states, aims to simplify sales tax administration for remote sellers. It features centralized registration, free compliance for volunteers, and audit protection. However, it requires registration in all 24 states and sacrifices vendor discounts. SST may not be suitable for businesses with nexus in few states or those seeking vendor discounts or... Read more

The UAE mandates e-invoicing for VAT-registered businesses starting July 1, 2026, with a phased rollout, possibly in four stages, prioritizing larger companies. Accredited service providers must validate invoices, transmit them, and report to the FTA instantly. The UAE will mandate e-invoicing for all VAT-registered businesses starting July 1, 2026, with a phased rollout, possibly in four stages,... Read more

The New Zealand government has mandated electronic invoicing for public agencies starting January 1, 2026. This mandate applies to domestic trade credit invoices, aiming to enhance public spending efficiency and transparency. The e-invoicing infrastructure is Peppol Network. The New Zealand government has updated its Procurement Rules, mandating electronic invoicing for public agencies under Rule... Read more

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