Basware’s blog post discusses the lack of a nationwide e‑invoicing mandate in the U.S. and urges finance leaders to build proactive compliance systems before future regulations arrive. It cites that 47 % of U.S. companies have struggled with market expansion due to missed deadlines, 83 % see fragmented compliance as a risk, and only 33 % can scale compliance effectively. The piece highlights the benefits of an invoice lifecycle management approach for real‑time visibility and audit readiness.
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1stopVAT · about 10 hours ago
Illinois: Use tax applies to tangible personal property purchased in Illinois when sales tax is not collected, while Chicago imposes municipal taxes on digital services such as SaaS and streaming.
The BayNet · about 12 hours ago
Maryland: The Supreme Court ruled that Potomac Edison’s transmission equipment qualifies for a sales and use tax exemption, affecting over $3.24 million in taxes. The decision clarifies which components are exempt and sets limits on refund claims.
VatIT · 2 days ago
California will tax SaaS and digital prewritten software from 1 January 2027, regardless of delivery method. The state rate is 7.25%, rising above 10% with local rates. Buyers with receipts over $5 million must self-assess use tax.
CNBC · 5 days ago
The United States has announced a 25% tariff on most Brazilian imports, effective 22 July 2026, under Section 301 of the Trade Act. The measure targets alleged unfair trade practices, with exemptions for goods such as beef, orange juice, aircraft parts and energy products, and a potential additional 12.5% duty if a forced-labour probe concludes.
1stopVAT · 5 days ago
Colorado expands sales tax to digital software under House Bill 26-1223, effective 1 January 2027. The bill removes exemptions for downloaded and remotely accessible software, potentially including SaaS.
CryptoBriefing · 5 days ago
The United States will impose a 25% tariff on most goods imported from Brazil starting 22 July 2026. The measure, triggered by a Section 301 investigation over digital trade and deforestation concerns, exempts products such as beef, coffee, and aircraft parts.
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Key Takeaways
47% of U.S. companies have struggled with market expansion due to missed compliance deadlines.
83% of finance leaders say fragmented compliance exposes their organization to unnecessary risk.
Only 33% of U.S. companies say they can scale compliance effectively as their business grows.
No, the U.S. does not have a sweeping federal e‑invoicing requirement or universal continuous transaction controls.
Primary source
Read the full article at BaswareThis summary was published on VATfaqs.com on 13 March 2026. It relates to VAT developments in United States. The original source is Basware.
