CFDI, which stands for Comprobantes Fiscal Digital por Internet, is the electronic billing schema defined by the Mexican federal tax code. It has been mandated
We frequently talk about the challenges inherent in Brazil’s e-invoicing mandate, often in terms of its effect on shipping, logistics and the risk of operational
Compliance with Brazil’s e-invoicing mandate isn’t as simple as receiving an NFe (e-invoice) and sending payment; layers of complexity affect enterprises at all levels, especially
The global focus on curbing tax fraud is shifting into high gear, as reporting deadlines under the Organization for Economic Co-operation’s new Common Reporting Standard
E-invoicing is now a reality in Colombia, with 58 companies volunteering to begin e-invoicing earlier this year in the pilot program. Eventually ~50,000 companies will
With the success of Mexico’s CFDI e-invoicing mandate, the country is once again setting a new standard for global tax compliance as it implemenst real-time electronic
Earlier this month, the SAT, Mexico’s tax authority, announced changes in its e-invoicing, payroll receipts (nomina) and payment receipt (comprobantes de pago) processes. In a
Recent corporate trends designed to reduce costs and streamline operations are fundamentally at odds with the global movement of governments toward intervention in corporate operations.
Dear Invoiceware customers and followers,
We recently examined the complexities involved in calculating all of the costs associated with compliance in Latin America. It’s not just a matter of implementing
Virtually every business transaction results in an indirect tax consequence – i.e., an intermediary collects taxes that it then must report and pay to the
As the second largest exchanger of e-invoices in the world – behind only Brazil – Mexico is quickly becoming one of the most sophisticated financial
Two new mandates announced by the SUNAT, the Peruvian tax authority, are set to take effect starting July 1, 2016. The companies mandated to comply
Maquiladoras, a special class of manufacturers in Mexico, benefit from reduced tax obligations, making business-to-government compliance accuracy even more critical for the companies holding this
For companies currently or considering managing compliance in Latin America on-premise, it can be difficult to fully calculate the total cost of compliance. Between hardware,
The SAT (Mexican tax authority) has announced a new transaction requirement that could affect your e-invoicing process. The new requirement specifically addresses “Exportaciones Definitivas Clave
In a survey of 1,000 CFOs in companies with revenues greater than $500 million, Ernst & Young discovered that confidence is waning, particularly when it
On April 18th 2016 the Colombia DIAN held a meeting in Bogota, Colombia to announce the start of its pilot phase for electronic invoicing. As the leader in