Kworia News
Articles tagged tax
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.
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.
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.
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.
The Uganda Revenue Authority clarifies that VAT on insurance premiums must be accounted for at invoice issuance, not payment receipt, applying the "earliest of three" rule. This affects cash flow management for insurers who must remit VAT before collecting premium income.
France's secondary residence dwelling tax (THRS) fell 9.7% year-over-year in 2025, according to DGFiP Statistiques Bulletin No. 52. The decline reflects actual taxpayer-level charges rather than policy changes, potentially easing the financial burden on secondary property owners while raising questions about underlying causes.
Italy's ninth edition of 'Gli immobili in Italia' reveals that 75.8% of Italian families own their primary residence, underscoring real estate's pivotal role in household wealth. The report highlights integration of fiscal and cadastral data, reflecting ongoing digitization efforts in Italian tax administration.
The Uganda Revenue Authority has opened the withholding tax exemption application window for H2 FY2026/27, covering January to June 2027. The window opened on October 19, 2026, and is governed by provisions in the Income Tax Act and Value Added Tax Act. Eligible businesses must submit applications to secure exemption status for the upcoming half-year.
France's DGFIP has clarified that most non-VAT-registered furnished rental landlords are exempt from e-invoicing requirements. The guidance distinguishes obligations by VAT status rather than business structure, correcting earlier interpretations that had expanded compliance obligations.
Italian flat-rate taxpayers (forfettari) must comply with unchanged e-invoicing obligations in 2027. Key requirements include specific invoice fields, transmission deadlines to the SdI, quarterly €2 virtual stamp duty payments via F24, and explicit activation of free 10-year digital conservation services. Non-compliance penalties range from €250–€2,000 per violation.
Italy's POS-to-cash register matching program has identified €13.5 billion in previously unreported VAT taxable sales. This digital enforcement tool reconciles point-of-sale transaction data with fiscal cash register records, operating alongside Italy's mandatory SdI e-invoicing system.
India's GST Network introduced two new e-invoicing supply type codes—RCMDOM and RCMIMP—on 18 October 2026 to facilitate recipient-generated self-invoices under the reverse-charge mechanism. RCMDOM covers domestic RCM transactions while RCMIMP addresses import-related scenarios. These codes enhance digital compliance within India's GST system.
