EncryptInvoice News
Articles tagged tax
Belgium's SPF Finances will launch SAF-T file submission via MyMinfin in October 2026, offering businesses an optional digital pathway for transmitting standardized accounting data. This voluntary initiative streamlines reporting for companies with compatible software systems and aligns with broader EU tax-digitization trends.
KRA has launched a targeted compliance support initiative in Eastleigh, Nairobi, to address gaps in eTIMS adoption among cash-based traders. The initiative deploys multilingual officers, establishes physical service desks, and rolls out an on-ground programme to make tax compliance more accessible.
France will abolish its simplified VAT regime (RSI) effective 1 January 2027, with automatic migration to the normal real VAT regime and new e-reporting obligations starting 1 September 2027. Affected businesses will transition to quarterly or monthly filing based on turnover thresholds.
Orden HAC/484/2026 reduces net income indices for Spanish agricultural and livestock sectors affected by 2025 exceptional circumstances, providing tax relief without requiring detailed accounting records. The measure applies to specific geographic zones under Spain's objective estimation method for IRPF.
Spain's Agencia Tributaria has published its official list of significant debtors to the Hacienda Pública under Article 95 bis of the Ley General Tributaria. This mandatory statutory disclosure serves as a transparency and enforcement mechanism, available as an 11.6 MB PDF document. Inclusion can have reputational consequences for businesses.
Spain's Agencia Tributaria has made fiscal data and simulator tools available for the 2025 corporate income tax filing cycle, allowing businesses to test their Form 200 submissions without triggering a formal filing. This follows Orden HAC/529/2026.
Belgium's SPF Finances acknowledged a technical failure in its new VAT payment processing chain, causing incorrect allocation of payments and erroneous reminders to taxpayers for June and Q2 2026 declarations. Affected businesses will not incur penalties, and no timeline for regularization has been disclosed.
The IRS 2026 Security Summit established mandatory multifactor authentication (MFA) for tax preparation firms under the FTC Safeguards Rule, effective September 19, 2026. This regulatory obligation shifts MFA from a best practice to a compliance requirement, with firms facing liability for non-compliance.
The IRS warning IR-2026-112 highlights fraudulent "Tribal Tax Credits" schemes targeting Indigenous communities, emphasizing that these credits are not authorized by federal law and claiming them can result in severe penalties.
The IRS's free Direct Pay tool allows individuals and businesses to make federal tax payments online without fees or third-party intermediaries. The tool supports same-day or advance scheduling up to 365 days, with transaction limits under $10 million, representing the agency's push toward digital tax modernization.
Orden HAC/529/2026 formalizes electronic submission requirements for Spain's corporate and non-resident income tax declarations (Forms 200 and 220) for 2025 tax periods, affecting multinational corporations, permanent establishments, and cross-border structures.
Germany's Federal Tax Office has disclosed three critical technical failures in its FATCA reporting infrastructure, coinciding with new regulatory requirements that create heightened compliance risks. These issues include broken nil-report processing, submission system problems, and delayed XML upload tool deployment.
