The Swiss Federal Council recently decreed that as of January 1, 2016, suppliers will be required to submit electronic invoices to the government if the value exceeds 5,000 Swiss Francs. Read more...

Egypt hopes it will reap a financial windfall when the new Suez Canal, being built alongside the existing 145-year-old waterway, opens for business in August 2015. In fact, that nation foresees the new shipping canal will bring in upwards of $13.5 billion annually by 2023. Read more...

The laws in Turkey regarding electronic invoicing are decidedly different from statutes in other nations. For example, e-invoicing is voluntary for most companies in Turkey, however those operating in the hydrocarbon sector or with products subject to special taxes, such as tobacco, alcohol and light beverages have no choice in the matter. In fact, those entities had to begin delivering invoices electronically as of September 1, 2014. Read more...