Kworia News
Articles tagged compliance
The IRS has issued guidance urging all individual taxpayers to adopt proactive tax planning habits throughout the year to streamline the 2027 filing season. This advisory emphasizes four key pillars: withholding verification, organized record-keeping, use of digital tools, and personal data security.
Commission Delegated Regulation (EU) 2026/2152 introduces a €2 per-article handling fee for distance-sold goods entering EU free circulation, effective 1 November 2026. The regulation applies to all operators involved in cross-border distance sales into the EU and may significantly impact high-volume, low-value e-commerce shipments.
HMRC's September 2026 auto-enrollment of self-employed individuals and landlords into MTD for Income Tax marks a significant shift from voluntary to mandatory compliance, affecting those with qualifying income over £50,000 in the 2024-25 tax year.
The IRS has set a mid-November 2026 deadline for taxpayers to enroll in the Identity Protection PIN program before its annual system blackout, affecting early 2027 filers.
Portugal's government has proposed extending the mandatory qualified electronic signature (QES) requirement for e-invoices from January 1, 2027 to January 1, 2028, contingent on parliamentary approval of the draft 2027 State Budget Law.
Ireland's Finance (No. 2) Bill 2026 codifies e-invoicing and real-time VAT reporting obligations, with phase one applying to large businesses from November 2028 and phase two extending to intra-EU transactions from November 2029.
Spain's AEAT will renew its e-portal certificate on 16 November 2026, requiring custom application users to update their trust stores before that date.
The Dutch Tax Authority has integrated corporate income tax payment data and digital authorization into its 'Overzicht betalen en ontvangen' portal as of 22 October 2026. The expansion allows taxpayers to view assessments, review payments, and authorize automatic debits digitally, though assessment notices remain paper-based.
From January 1, 2027, Commonwealth entities must pay invoices within a maximum of 10 business days regardless of invoicing method, eliminating Peppol's previous preferential payment terms. This shifts the value proposition from cash-flow incentives to operational efficiencies.
RTC Technology Limited launched the first certified Slovak e-invoicing solution on SAP Store, targeting January 1, 2027. The solution supports Peppol e-invoice exchange and Slovak Tax Data Document reporting with three compliance tiers for SAP environments.
Explore how middleware integration bridges Poland's KSeF system and Peppol BIS Billing 3.0, enabling businesses to maintain ERP consistency while meeting both regulatory requirements through format translation and parallel routing.
Italy's Agenzia delle Entrate has finalized tax guidance on over-indebtedness and debt discharge under its 2019 insolvency reforms, providing clarity on how these procedures interact with Italy's tax system. The guidance covers four key procedural areas and is particularly relevant for tax practitioners advising consumers, sole traders, and micro-enterprises navigating financial distress.
