As Uruguay continues to formalize its e-invoicing requirements, with new mandates taking effect in 2016 based on revenues, several factors distinguish its compliance processes. Today,
As a response to complaints that online government approval of e-invoices was slowing down shipments and supply chain processes, Ecuador recently announced that it is
As global enterprises continue to pursue market opportunities in Latin America, they are experiencing operational risks unseen in other markets due to the constantly changing
It’s no secret that Latin America has the strictest business-to-government e-invoicing mandates in the world, but what’s lesser known are the bill of lading requirements
Peru is one of the most recent countries in Latin America to announce government-mandated compliance initiatives, with e-invoicing requirements going into effect for the majority
For financial executives new to Latin American business-to-government requirements, it may be tempting to write off compliance as a local issue to be managed by
As Brazil continues to expand its business-to-government regulatory requirements to affect an ever-growing list of business processes and units, Block K is presenting drastic challenges
Compliance with complex e-invoicing and e-accounting legislation in Latin America requires a dedicated, multi-tiered, flexible solution. While corporate governance and risk management dictate that such
Although Peru’s e-invoicing requirements don’t go into full effect until the middle of next year, libros reporting extensions are due at the beginning of 2016. Companies
Over the last few years, I have spoken with many organizations who have implemented SAP ERP across Latin America as well as many that have
Increasing globalization has significantly changed the corporate tax function, with constantly shifting regulations and stakeholder demands. In a recent report, “Reshaping the Tax Function of
In the past several years, we’ve seen an increasing trend of multinational corporations moving to a single global instance of SAP to maintain better visibility
In August 2015, Peru published new legislation that mandates electronic invoicing as the standard starting in 2016. Over the last few years, the SUNAT (Peru’s
Below is an update to our previous blog on Uruguay as the Tax Authorities (DGI) announced last month new requirements for electronic invoicing according to
In recent weeks, we’ve examined the rapid expansion of business-to-government compliance in countries that rely on VAT tax income. While Latin America is the current hotbed
Recently, we’ve been examining the tidal wave of business-to-government regulations in emerging markets and their impact on business operations, including sales and procurement. Heavily involving
Peru published new legislation on August 3, 2015 that mandates electronic invoicing as the standard starting in 2016. Over the last few years, the SUNAT
Compliance with strict e-invoicing, finance and tax reporting legislation throughout Latin America is not a one-time, set-it-and-forget-it process. The pace of legislative change in this