What's Going on Over There?
Global E-Invoicing Mandates: Are You Prepared?

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Hidden Compliance Gaps That Put Your Organization at Risk

65% of multinational businesses face compliance penalties as tax authorities shift from periodic returns and occasional audits to real-time data access and continuous transaction controls.

Whether you’re a US company expanding into Brazil, an EMEA organization establishing operations in APAC, or a local enterprise adapting to new requirements, navigating this complex global landscape requires expert guidance.

Get Expert Insights into Your Tax Compliance Readiness in Just 30 Minutes.

A personalized tax compliance Readiness Assessment with KPMG LLP and Sovos experts can help you identify gaps across multiple jurisdictions.

What to Expect:

  • 5-minute introduction to your regional KPMG and Sovos specialists
  • 15-minute visual walkthrough of upcoming regulations in indirect tax controls across all jurisdictions
  • 10-minute discussion of priority risks and practical recommendations

Key Benefits:

  • Visual clarity – status color-coded across all jurisdictions
  • Expert guidance – specialists interpret what it means for your business
  • Immediate action plan – next steps for priority compliance risks
  • No preparation required – experts handle all analysis beforehand

Schedule your free 30-minute assessment with Sovos and KPMG specialist.

“The Readiness Assessment gave us immediate visibility into our compliance gaps. In just 30 minutes, we identified three critical areas requiring attention that weren’t on our radar.”

Tax Director,
US Manufacturing Company

What’s Going on Over There?
The Impact of Global E-Invoicing Mandates on Multinationals

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Latin America: The Pioneer Region

Brazil leads with extraordinary data requirements—up to 1,800 fields—and operates on a pre-clearance model. Invoices must be approved before goods can leave a seller’s premises. With tax reform coming in 2026, Brazil is moving toward VAT-like systems used globally.

Latin America: The Pioneer Region

Mexico continues advancing its digital tax transformation with increasingly complex requirements affecting U.S. companies with cross-border operations. From CFDI requirements to e-invoicing mandates for exporters and retailers, non-compliance can result in business shutdowns, supply chain delays, and rejected transactions.

Europe: The Calculated Approach

EMEA has taken a more measured approach with the VAT in the Digital Age (ViDA) initiative. Unlike Latin America, real-time reporting is emphasized over real-time clearance. Country-specific implementations vary considerably—Italy imposes penalties of €250-2,000 per non-compliant invoice, while France is shifting to partner dematerialization platforms by 2026-2027.

Asia & Middle East: The Innovation Frontier

APAC presents diverse approaches, blending Latin American and European models with innovative variations. Malaysia implements pre-clearance processes similar to Latin America. India focuses on securing unique reference numbers from tax authorities based on invoice data. Companies operating across Asia-Pacific face a complex and evolving landscape requiring specialized knowledge.

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Some or all of the services described herein may not be permissible for KPMG audit clients and their affiliates or related entities.

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