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

The National Treasury and SARS released the 2025 Draft Tax Administration Laws Amendment Bill, supporting SARS's VAT Modernisation Project, including e-invoicing and e-reporting. The potential launch is 2028 or later, with stakeholders invited to comment on VAT data model formulation and reporting. On 16 August 2025, the National Treasury and SARS released the 2025 Draft Tax Administration Laws Am... Read more

Peppol, the Dutch e-invoicing system, became mandatory for all Dutch central government suppliers in 2017. With 84% of invoices received as e-invoices, 47% processed via the Peppol network, the Netherlands is focusing on digitalization and integrating the hiring process for contract work. Peppol serves as the basis for public administrations' electronic invoicing. E-invoicing emerged in 2017 as re... Read more

Luxembourg has implemented e-Invoicing for public procurement contracts since 18 March 2023, requiring all economic operators to issue compliant e-Invoices. The country fully adopts the European e-Invoicing standard EN 16931, using Peppol BIS Billing 3.0 and UBL 2.1 formats. The Peppol network connects public sector bodies, with e-Invoice volume increasing from <100 in 2021 to ~1.4 million in 2024... Read more

China's State Council has imposed tax-related regulations on digital platform operators, requiring quarterly reports and business details within 30 days, with exemptions for service providers. On June 20, 2025, the State Council of China announced rules that, in accordance with Order of the State Council No. 810, require digital platform operators, including foreign operators, to report tax-relate... Read more

Brazil's first tax reform in over 30 years aims to simplify and modernize the tax system by unifying four taxes into a dual Value Added Tax (VAT) system and introducing a tax on harmful products. Despite short-term challenges, the reform promises a simpler, more predictable tax system. Brazil’s first tax reform in over 30 years aims to simplify and modernize the tax system by unifying four t... Read more

Philadelphia businesses selling across state lines face complex sales tax obligations due to unique rules and filing schedules. Understanding these varies by state, preventing delays, penalties, and stress. Common issues include early/late registration, incorrect tax rates, poor record-keeping, wrong filing frequency, and missing zero-filings. Proactive management is essential for compliance, incl... Read more