Argentina: Update on Billing Amounts to Identify Final Consumers in Receipts
The tax authority updated the billing amounts that require detailed information about the receipt recipient when the recipient is the final consumer. This measure is
Region: Latin America
Value Added Tax
2014-2024: 10 years of mandatory electronic invoicing
Experiences, Lessons Learned and Pending. We invite you to explore the changes that have occurred in the last 10 years of mandatory electronic invoicing, discover
Peru: The Tax Authority Issued Resolution to Postpone Sales and Income Registry and Purchase Registry
On July 21, 2024, the Peruvian Official Gazette published Superintendence Resolution No. 000145-2024. This resolution postpones the requirement for certain subjects to maintain the Sales
Argentina E-Invoicing
Electronic invoicing in Argentina Argentina was an early adopter of electronic invoicing, with its e-invoicing journey beginning in 2002. The technology was only implemented on
Ecuador: Tax Authority Will Apply Fines Up To $13,800 USD for Non-Delivery of Sales Receipts
Resolution No. NAC-DGERCGC24-00000022, published on June 10, 2024 in the Official Register Supplement No. 575, establishes the possibility of imposing penalties from $460 to $13,800
Peru: SUNAT Expands Discretionary Power in Penalty Application for Electronic Tax Records Infractions
The tax authority issued the RESOLUTION OF THE DEPUTY NATIONAL SUPERINTENDENCE OF INTERNAL TAXES No. 000017-2024-SUNAT/700000, which establishes that those who, being obliged to keep their
Argentina: Updated Minimum for Electronic Credit Invoice
The Ministry of Industry and Productive Development through the Resolution 30/2024 updated the minimum amount that companies must meet to issue “Electronic Credit Invoice”. The
Dominican Republic: List of Tax Payers Obliged to Issue Electronic Tax Receipts is Published (e-CF)
The DGII issued the Notice RNC: 401-50625-4, which includes the list of Large Local and Medium Taxpayers that are required to comply with the issuance
Value Added Tax
More accuracy in combating identity document fraud
More accuracy and security in fraud detection. To protect our customers and the digital community in general, our team of experts “Shiba Inu” has developed
Events
Transform your processes with e-signatures: Optimize, save and act sustainably
Discover how electronic signatures streamline your operations, guaranteeing security and reducing paper consumption. Join our webinar to explore how our solutions revolutionize business processes in
Ecuador: VAT Rate Increase to 15% From April 1, 2024
Pursuant to Executive Decree No. 198 as issued by the President on March 15, 2024, the standard VAT rate in Ecuador is increased to 15%
Antigua and Barbuda: Standard Sales Tax Rate Increase from January 1, 2024
Pursuant to the Antigua and Barbuda Inland Revenue Department announcement on December 22, 2023, the ABST (sales tax) rate increased from 15% to 17% effective
Peru: GRE Grace Period Extended
On December 24, SUNAT resolution 000042/2023 was published, extending the grace period for the non-application of penalties for infractions related to Electronic Transportation Guide (GRE)
PERU: The tax authority will not sanction those taxpayers who have not observed the forms and conditions related to the SIRE until April 30, 2024.
Through Resolution No. 000039-2023-SUNAT/700000, the authority grants a grace period for the non-application of penalties for infractions related to books and records related to tax
COLOMBIA: The tax authority released the Official Gazette dated November 2, which contains the long-awaited Resolution 000165 which establishes various provisions on electronic invoicing.
Among the main changes and regulations established by the resolution are: Technical Annex 1.9 of the electronic sales invoice • It incorporates new fields and
PERU: The tax authority issues the Guide to Accept Proposal from the SIRE.
The tax authority issues the Guide to Accept the Proposal from the SIRE (Integrated System of Electronic Records). SISTEMA INTEGRADO DE REGISTROS ELECTRONICOS – SIRE
Podcast: The Role of Data within Tax Administrations & Digitized Economies
As governments move more aggressively to close the tax gap and create alignment between their tax administrations and businesses through digitization, data has become a central theme for organizations and overseers alike.
Value Added Tax
eBook: The Role Of IT In The Face Of New Regulations and Mandates
Governments are now moving aggressively to close the gap between their tax administrations and businesses by taking advantage of digital tools. The result is a set of diverse and accelerating mandates, forcing businesses to adjust their systems and processes and provide data. The key to this is data standardization – no more tax at the backend of the process – you must solve tax at a point in time. By moving tax controls much closer to the actual business operation, tax administrations can also respond to anomalies in near-real-time.