Latest news and stories about tax compliance in technology in Portugal for expats and residents.
Companies are expressing concern over new mandatory invoice rectification and VAT regularization rules set by the Tax and Customs Authority, as current software systems struggle to meet the upcoming compliance requirements.
Portuguese startup Tally is disrupting the accounting sector by offering an AI-driven platform that replaces traditional accounting firms for small and medium-sized enterprises, focusing on treasury and tax compliance automation.
The North American company Sovos, which provides electronic invoicing and tax compliance solutions, announced this Tuesday the acquisition of the French firm Flowie, which specialises in financial orchestration and procurement using artificial intelligence (AI). The deal, the value of which was not disclosed, aims to bring autonomous agents to financial management and integrate tax compliance.
Sovos has acquired Blue dot, a Tel Aviv-based VAT recovery platform powered by artificial intelligence (AI). With this operation, the company, which specialises in electronic invoicing and tax compliance solutions, strengthens its technological capabilities and expands its services to include VAT recovery for business expenses.
Internationalisation is no longer the exception, but the rule. With it come fiscal and regulatory demands that span continents, sectors, and business models. The latest episode of Compliance Talks, an initiative by Sovos Saphety and ECO, featured Ricardo Xavier Correia, Partner of Tax Technology and Transformation at EY Portugal, and...
