Knowledge


Peruvian distributed clearance model launched
17 Oct 2017

Peruvian distributed clearance model launched

The Peruvian Tax Administration SUNAT recently authorised the first two e-invoicing operators that will eventually take over the current centralised clearance service at SUNAT: Peruvian/Danish owned eFact and Chilean/US owned Paperless/SOVOS. SUNAT’s new model is a distributed one, named “OSE”...

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China 2017 update: e-invoicing adoption and other trends
25 Sep 2017

China 2017 update: e-invoicing adoption and other trends

In 2016, China’s Business Tax to VAT reform legally enabled many consumer-facing industries to issue electronic normal VAT invoices (not eligible for input VAT claim) to their customers. Since this tax reform, the past year has seen China make an...

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IoT real-time tax controls for Russian B2C transactions
30 Aug 2017

IoT real-time tax controls for Russian B2C transactions

Guest contribution by: Alexander Melikjanyan – Chairman of the Board of Directors, Taxcom LLC Marina Krasheninnikova – Tax & e-invoicing expert Recently, most medium and large retail businesses across Russia shifted to internet-connected cash desks that every day, in real-time,...

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Hungarian invoice data reporting – real-time in 2018?
28 Aug 2017

Hungarian invoice data reporting – real-time in 2018?

Earlier this year we reported about the soon-to-be Hungarian invoice data reporting export requirement, and more importantly, about unanswered questions at the time. This summer, a draft regulation (modifying Decree 23/2014. (VI. 30.) NGM) was published, shedding some light on...

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25 Aug 2017

Video: Compliance in Focus with TrustWeaver and Tungsten Network

Compliance means meeting both legal requirements and monitoring ongoing developments, but technology is helping to make the challenge of compliance much easier. TrustWeaver supports partners such as Tungsten Network to automate the complex legal decisions behind fast-moving business transactions. Our...

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