Kworia News
Articles tagged compliance
Italy's tax authority distinguishes between communication failures and substantive VAT failures in TD17/TD18 transmissions. Penalties for SdI non-transmission are €2 per invoice (capped €400/month), while substantive VAT failures incur €500–€10,000 or 5% of taxable base. Violations can be remediated via ravvedimento operoso.
The Uganda Revenue Authority (URA) has opened applications for bonded warehouse licenses for the 2027 period, requiring online submissions through the ASYCUDA WORLD system. The process is governed by Section 62 of the EAC CMA 2004 and covers Customs Bonded Warehouses and Transit Yards/Hubs.
All paid tax return preparers must renew their Preparer Tax Identification Numbers (PTINs) by December 31, 2026, to remain compliant for the 2027 filing season. The IRS offers online renewal in 15 minutes or mail renewal via Form W-12 in about six weeks, with an $18.75 nonrefundable fee.
The Uganda Revenue Authority has opened the 2027 Customs Agency License renewal cycle, requiring all licensed customs agents to renew their licenses by the deadline to avoid operational disruptions. This procedural update is grounded in Section 145(1) of the East African Community Customs Management Act, 2004 (as amended), and Regulations 149–152 of the EAC Customs Management Regulations, 2010.
KRA prosecutions in November 2026 demonstrate active enforcement of excise duties against both internal actors and unlicensed possessors of restricted goods. Cases involving a KRA security guard and unlicensed ethanol possession highlight compliance risks under EACCMA 2004 and the Excise Duty Act Cap 472.
Brazil has officially set the CBS (Contribuição sobre Bens e Serviços) rate at 11.3%, effective January 2027, as a critical compliance benchmark for businesses and foreign digital service providers. The announcement coincides with December 1, 2026 e-invoicing deadline, marking major milestones in Brazil's 2026–32 VAT reform.
Burkina Faso's Directorate General of Taxes has mandated certified electronic invoicing for large enterprises starting January 1, 2027. However, no technical specifications or penalty frameworks have been disclosed yet, creating compliance challenges for affected businesses preparing for this tax digitization milestone.
France's tax authority published 2026 CFE and IFER assessment notices online on 2 November 2026, requiring mandatory digital payments by 15 December 2026. Businesses must access assessments through impots.gouv.fr professional accounts and use digital-only payment methods, with a 30 November enrollment deadline for automatic debit.
The Dutch tax authority confirms its coronavirus tax debt payment arrangement terminates on 1 October 2027. As of November 2026, 73,000 businesses remain enrolled with €1.9 billion in outstanding debt. Businesses can request extensions up to seven years under specified conditions.
Uganda has raised its VAT registration threshold from UGX 150 million to UGX 300 million, effective July 1, 2026, reducing mandatory VAT compliance obligations for SMEs and providing greater flexibility in managing their tax registration status.
Italy's mandatory e-invoicing regime for forfait tax holders, effective since January 2024, requires all such businesses to issue XML invoices via the SdI system, regardless of revenue or recipient type. IT professionals must ensure their systems comply with these technical and procedural requirements to avoid penalties.
San Marino's e-invoicing mandate through Italy's SDI introduces a distinct compliance regime for Italian exporters, requiring dedicated transaction codes and specific documentary requirements to qualify for VAT non-taxable status.
