North America

Regulatory Analysis

Posted July 2, 2025 by Kelly Muniz
Norway: Mandatory Digital Bookkeeping and B2B E-Invoicing Proposal and Public Consultation Launched

Norway’s Tax Administration (Skattedirektoratet) has published a formal consultation document (høringsnotat) containing a proposal to introduce mandatory digital bookkeeping and mandatory B2B e-invoicing for businesses subject to bookkeeping obligations. These changes are proposed as amendments to the Bookkeeping Act and Bookkeeping Regulations. The proposal outlines a phased implementation, with the requirement to send electronic invoices […]

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Posted July 2, 2025 by Kelly Muniz
Poland: Consultation for New JPK_V7M(3) and JPK_V7K(3) Structures Announced

The Polish Ministry of Finance has opened public consultations on the new logical structures of JPK_VAT with declaration – JPK_V7M(3) and JPK_V7K(3) for monthly and quarterly VAT taxpayers. All VAT-registered businesses in Poland that submit JPK_V7M (monthly VAT returns with declaration) or JPK_V7K (quarterly VAT returns with declaration) will be affected by these changes. The […]

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Posted July 2, 2025 by Kelly Muniz
Saudi Arabia: 23rd Wave of Taxpayers in Scope of Phase 2 of E-Invoicing

The Zakat, Tax and Customs Authority (ZATCA) has announced the criteria for the twenty-third group of taxpayers required to comply with Phase 2 of the e-invoicing mandate in Saudi Arabia. Taxpayers with annual revenues subject to Value Added Tax (VAT) between SAR 0.75 million (approx. EUR 188,000) and SAR 1 million (approx. EUR 250,000), highest […]

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Posted July 2, 2025 by Kelly Muniz
Netherlands: ViDA Implementation Plan for E-Invoicing and Digital Reporting

The Dutch Ministry of Finance has issued a letter to Parliament outlining the implementation approach for the VAT in the Digital Age (VIDA) package, specifically focusing on electronic invoicing and digital reporting requirements. The letter, sent on behalf of the State Secretary of Finance and in cooperation with the Ministries of Economic Affairs and Interior […]

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Posted June 30, 2025 by Candice Lindeman
Beginning August 1, 2025, the Republic of Fiji has announced that it is reducing the standard VAT rate to 12.5%.

During Fiji’s National Budget Address for the upcoming fiscal year 2025–2026, the Deputy Prime Minister and Minister for Finance, Strategic Planning, National Development & Statistics Professor Biman C. Prasad announced that the standard VAT rate will be reduced from 15% to 12.5%, starting August 1, 2025. The reduction is being made to help ease the cost […]

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Posted June 30, 2025 by Kelly Muniz
Pakistan: Further Extension of E-Invoicing Integration Deadline

The Federal Board of Revenue (FBR) of Pakistan has announced, once again, an extension to the mandatory e-invoicing integration deadlines. According to the official notification issued on 20 June 2025, the integration deadlines have been pushed back by one month. New Implementation Timeline Under the revised schedule: Corporate registered persons now have until 1 July […]

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Posted June 30, 2025 by Kelly Muniz
Poland: KSeF 2.0 Official API Documentation and FA(3) Logical Structure Published

The Polish Ministry of Finance has reached another milestone in the KSeF 2.0 implementation roadmap with the publication of the technical API documentation and FA(3) logical structure on 30 June 2025. This publication enables businesses and software providers to begin preparations for implementing the KSeF 2.0 in the test environment, which aligns with the previously […]

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Posted June 25, 2025 by Kelly Muniz
Pakistan: Further Extension of E-Invoicing Integration Deadline

The Federal Board of Revenue (FBR) of Pakistan has announced, once again, an extension to the mandatory e-invoicing integration deadlines. According to the official notification issued on 20 June 2025, the integration deadlines have been pushed back by one month. New Implementation Timeline Under the revised schedule: Corporate registered persons now have until 1 July […]

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Posted June 25, 2025 by Radhika Akhil
New Mexico Moves Annual Tax Holiday To July

New Mexico lawmakers recently passed HB 218, which changed the dates of the annual back to school tax holiday to the last weekend of July. This year, the holiday takes place from July 25, 2025 to July 27, 2025. Certain retail items will be eligible for a tax exemption during this time subject to certain […]

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Posted June 24, 2025 by Kelly Muniz
Mauritius: New Taxpayer Group to Join E-Invoicing System

The Mauritius Revenue Authority (MRA) is continuing its phased implementation of mandatory e-invoicing with an announcement in the 2025-2026 Budget that suppliers with annual turnover exceeding MUR 80 million (approximately €1.5 million) will be required to join the e-invoicing system during the 2025-2026 financial year. Background The e-invoicing mandate in Mauritius began with amendments to […]

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Posted June 24, 2025 by Tânia Rei
Italy Permanently Bans B2C E-Invoicing for Healthcare Services

On June 4, 2025, Italy’s Council of Ministers formally approved a legislative decree that permanently bans the issuance of e-invoices through the SdI for healthcare services provided to individuals rather than being a temporary exception. Under this provision, healthcare providers who are obliged to transmit data to the Sistema Tessera Sanitaria (Health Card System) may no […]

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Posted June 24, 2025 by Edit Buliczka
Hungary: Extra Profit Tax (EPTIPT) extends to 2026

On 19 June 2025, amendments to certain tax legislation were published in the Hungarian National Gazette. These amendments, passed by the Hungarian Parliament a week earlier, extend the application of the so-called windfall taxes, including the Extra Profit Tax or Supplemental Insurance Premium Tax (EPTIPT), for an additional year. Originally introduced as a temporary measure […]

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Posted June 24, 2025 by Kellianne Munichiello
IRS Updates 2025 1099-DA Instructions, Clarifies ‘Optional Reporting Method’ Requirements

On June 18, 2025, the IRS released revised 2025 Instructions for Form 1099-DA (Digital Asset Proceeds from Broker Transactions). The updates provide detailed guidance for brokers electing to use the ‘optional reporting method’ to report aggregate sales of qualifying stablecoins or specified non-fungible tokens (NFTs) to customers. Brokers are not required to report acquisition dates […]

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Posted June 24, 2025 by Emily Morillo
Illinois Will Eliminate Statewide Grocery Tax Beginning January 1, 2026

Effective January 1, 2026, Illinois will exempt food for human consumption through a repeal its 1% sales tax. This exemption will not apply to alcoholic beverages, cannabis-infused products, soft drinks, candy, or prepared foods meant for immediate consumption. Coinciding with the repeal, municipalities will have the option to impose their own 1% grocery tax, replacing […]

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Posted June 24, 2025 by Emily Morillo
Illinois Will Eliminate 200-Transaction Threshold for Economic Nexus

Beginning January 1, 2026, Illinois will eliminate the 200-transaction threshold for establishing economic nexus for sales tax purposes. Going forward, both remote retailers and marketplace facilitators will be subject to economic nexus rules based solely on whether their cumulative gross receipts from sales to Illinois purchasers exceed $100,000 over the previous 12 months. Remote retailers […]

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Posted June 24, 2025 by Emily Morillo
Illinois Schedules General and Remote Retailer Tax Amnesty Programs

On June 16, 2025, Illinois enacted Public Act 104-0006, introducing a series of tax amnesty programs designed to help taxpayers resolve outstanding liabilities while avoiding penalties and interest. A general tax amnesty program will take place from October 1, 2025, through November 15, 2025. This initiative allows taxpayers to settle outstanding tax liabilities for periods […]

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Posted June 24, 2025 by Sindi Basha
Alabama Creates New Nonresident Worker Tax Exemptions

Alabama has established new income tax exemptions for qualifying nonresident workers under House Bill 379, signed by Governor Ivey on May 13. Under the new Section 40-18-2.2, nonresidents working 30 or fewer days in Alabama annually may qualify for exemption if they work in multiple states and their home state provides similar reciprocal tax treatment. […]

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Posted June 24, 2025 by Kelly Muniz
Poland: KSeF 2.0 Legislative Process Advances Rapidly

Polish authorities are advancing at an accelerated pace toward the implementation of the National e-Invoicing System (KSeF 2.0). Following the second public consultation on the draft simplifying the KSeF system in April, a set of draft regulations were published in late May. On 17 June, a new version of these drafts was published, and the […]

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