Recent updates and a news archive appear below; for back issues of Global Indirect Tax News, or to subscribe, please email a request to email@example.com.
There are new requirements for importing and exporting goods. As from 1 July 2023, all importing and exporting companies must be registered in the e-invoicing system and must include GS1 codes on e-invoices to access the “NAFEZA” electronic platform.
The Inland Revenue Board has issued a “version 1.0” guideline on e-invoicing. E-invoicing is being implemented in phases in Malaysia and will be mandatory for the first group of taxpayers as from 1 June 2024 and for all taxpayers as from 1 January 2027.
The act implementing the mandatory use of structured e-invoicing and the National e-Invoicing System (KSeF) in Poland has been published in the official journal. As a result, the new invoicing requirements will come into effect on 1 July 2024.
The Zakat, Tax and Customs Authority announced the selection criteria for participation in the seventh and eighth waves of the e-invoicing integration phase. Based on past experience, ZATCA will formally notify selected taxpayers about the timeline.