The EU’s VAT in the Digital Age (ViDA) reforms are accelerating the shift toward transaction‑level digital reporting, mandatory e‑invoicing, and real‑time compliance. Legacy ERP tax engines struggle to adapt to the fragmented, rapidly evolving national implementations, while VATCalc’s legislatively‑coded, serverless architecture offers a scalable, integrated solution. Businesses must evaluate whether their tax engine can pivot quickly without repeated reinvestment to meet ViDA’s requirements.

Bulgaria will adopt the euro on 1 January 2026, triggering new VAT thresholds expressed in euros. The National Revenue Agency will enforce price monitoring and dual‑pricing rules to prevent profiteering during the currency transition.

This guide outlines France’s VAT framework, including standard and reduced rates, registration thresholds, and upcoming e‑invoicing requirements. It also details compliance obligations for non‑resident businesses, digital services, and import VAT deferment schemes.

Miami County, Ohio, is proposing a 0.5% sales tax increase to fund a new maximum‑security jail, with the measure slated for the May 2026 ballot. Commissioners are holding public tours of the aging facility from January to April 2026 to build support for the tax and highlight the need for modern infrastructure.

The UAE Federal Tax Authority announced key updates to VAT and excise tax regulations, including new service fee amendments effective 1 January 2026, a final filing deadline of 28 January 2026 for VAT returns, and clarified requirements for conformity certificates and a tiered volumetric model for sweetened drinks.

The UK’s new ‘taxi tax’ imposes a 20% VAT on minicab fares, but Uber has restructured driver contracts from January 2026 to act as an agent, shifting VAT responsibility to drivers. Most drivers earn below £90 k and therefore do not charge VAT, keeping fares outside London unchanged, while London fares remain subject to VAT.

The webinar highlighted the impact of the One Big Beautiful Bill Act on state budgets, the ongoing Streamlined Sales and Use Tax Agreement, and specific sales‑tax challenges in California and Illinois. Key issues include federal conformity decisions, new California TTA rules, and Illinois’ remote‑seller amnesty and Chicago’s personal‑property lease tax adjustments.

KPMG US publication on indirect tax topics.

Belgium will introduce mandatory e-invoicing from 1 January 2026. This change will affect businesses operating in Belgium and will require them to adopt e-invoicing systems. The move is expected to improve efficiency and reduce errors in invoicing processes.

Greece's parliament has passed a bill mandating electronic invoicing for business-to-business transactions, with incentives available for entities that adopt e-invoicing early. The requirement applies to domestic B2B transactions, exports to non-EU destinations, and public contracts.

The SME scheme allows small enterprises to sell goods and services without charging VAT to their customers and alleviates their VAT compliance obligations. The scheme is optional and applicable to small enterprises with a total annual turnover of no more than EUR 100,000 in all Member States.

Slovenia launched mandatory electronic VAT reporting (e-poročanje) in July 2025, requiring all VAT-registered businesses to submit records through the e-Davki portal. B2B e-invoicing follows in 2027.

Belgium will require all invoices issued from 1 January 2026 to be structured for electronic invoicing. Businesses must migrate to Peppol or other compliant solutions as the Hermes platform is decommissioned.

The ATO is moving non-compliant small businesses from quarterly to monthly GST reporting from April 2025, while mandating Peppol e-invoice acceptance for businesses already exchanging e-invoices by July 2025.

ZATCA continues expanding Phase 2 e-invoicing integration throughout 2025, with Wave 24 covering businesses with turnover above SAR 375,000. Non-compliance penalties range from SAR 5,000 to SAR 50,000.

India rolled out Next Generation GST Reform (GST 2.0) in September 2025, introducing a simplified two-slab structure of 5% and 18% to replace the previous four-slab system, easing compliance for MSMEs.