On the 17th September Saudi’s General Authority for Zakat and Taxes recently published a draft e-invoicing regulation and have sought consultation with industry experts to provide input into their proposals. Tungsten is actively engaged in the consultation process which ends on October 14th.
Kingdom of Saudi Arabia (KSA) announces a base-rate VAT increase from 5% to 15%: KSA's Minister of Finance, Mr. Al Jadaan, announced starting from 1 July 2020 the VAT rate will increase from 5% to 15%.
The Indian government announced its invoice registration mandate late 2019, putting forward a very challenging go-live date of 1 April 2020 - they are now reporting they will be postponing the effective date of the mandate until 1 October 2020.
The Chinese State Tax Administration (STA) provided a public update on multiple tax-related topics, including a development plan for electronic special VAT invoices.
Poland is taking the next step in the introduction of a national digital platform supporting its main public services with the introduction of mandatory e-invoicing for B2G transactions.