It’s been a year of heightened regulatory scrutiny for Latin American business owners, as laws are now on the books that require entrepreneurs to establish an electronic invoicing system in many countries. Thus far, it’s turning out to be a program that’s paying off for governments, most notably in Mexico.
Taxware Enterprise (TWE) 8.4 Has Achieved Oracle Validated Integration with Oracle E-Business Suite Financials 12.2! Oracle E-Business Suite 12.2 users will now have full access to Taxware’s determination and reporting tools to help streamline sales and use tax compliance. Through this integration, Oracle E-Business Suite 12.2 users have full access to Taxware’s determination and reporting […]
Value-Added Taxes Are Complex Value-Added Tax (VAT) is tax that is levied at every stage of the supply chain, on both goods and services. Every major economy except the United States (US) levies a form of VAT and each does so with its own set of rules for compliance and reporting. Apart from compliance, processing, […]
As in other Latin America countries, the transactional signing of standardized XML is always implemented with a corresponding reporting element. Brazil has Nota Fiscal and SPED. Chile has DTE and Libros. And now Mexico has CFDI and electronic books.
Making Your Summit Experience a Learning Opportunity Unlock the full potential of your Taxware applications with hands-on training sessions at our User Summit in October. October 22nd – 24th Hyatt Regency Grand Cypress Orlando, FL Mark your calendar as busy on October 22-24: they are the official dates for the Taxware User Summit 2014. We are a […]
Supply chain finance is a method of business transaction that’s gained notoriety and popularity within the electronic invoicing vendor world. There are three core elements to SCF – a supplier, buyer and financial institution. With each relying on the other, the ultimate goal is to optimize the relationship between the supplier and the buyer […]
It’s been a year of heightened regulatory scrutiny for Latin American business owners, as laws are now on the books that require entrepreneurs to establish an electronic invoicing system. Thus far, it’s turning out to be a program that’s paying off for governments, most notably in Mexico. Through the first six months of 2014, […]
Financial Operations Summer 2014 edition features VAT Compliance article Financial Operations magazine recently featured an article by Casper Winkelman, co-founder and managing director of VAT Resource, a company recently acquired by Taxware. The article, “Take control of your VAT compliance” discusses the complexity of VAT compliance for companies conducting business across international borders. In the […]
Learning, Networking and Fun At Taxware Summit 2014 October 22nd – 24th Hyatt Regency Grand Cypress Orlando, FL Mark your calendar as busy on October 22-24: they’re the official dates for the Taxware User Summit 2014. We are only two months away from sessions on tax, technology and training at the beautiful Hyatt Regency Grand […]
In previous articles, we discussed why on-premise applications do not make sense anymore in Latin America – because they offered no economies of scale. Why would you try to be an expert on e-invoicing compliance in Latin America? Don’t you rely on tax experts and consultants to keep up with the changes? Why then would […]
Cambios En El Impuesto A Las Ventas De Puerto Rico – Lo Que Los Contribuyentes Necesitan Saber Para Mantenerse Al Día Also View in: Por efecto de la aprobación de las leyes 40 y 117 del 2013, y las leyes 18, 19 y 80 del 2014, el impuesto a las ventas y uso que aplica […]
Three Types of Indirect Taxation in India Understanding international indirect tax requirements can be daunting, especially for companies who are new to doing business in a country. India is one country that is particularly challenging because not only are there several federal level indirect taxes on both goods and services, but there are also state […]
With Chile’s electronic invoicing mandates set to take effect in only a few short months, it is important to understand that your solution selection criteria should include more than just the DTE connectivity. If you don’t understand how you will meet the 7 requirements for “Readiness” through the SII website, you could find yourself with […]
It is not all about risk when dealing with Latin America Compliance. We still need to remember that there are huge profit potentials in this ever growing region and business will continue to expand. As you do focus on Latin America growth, it is true that compliance is something that needs to be managed. […]
The good news is that many multinationals have realized that Enough is Enough and have moved or are moving away from a strategy that requires continuous changes to their ERP system to support the constantly changing Nota Fiscal requirements in Brazil The Bad News is that there are still too many IT Execs who […]
With the changes in Brazil set to take effect in December of 2014 and Chile mandates coming even earlier – November 2014, don’t forget about the other mandated countries – specifically Argentina. There are currently more than 300,000 companies that were mandated to transition to electronic invoicing between April and August of 2014 and […]