Regulatory Analysis
The Argentinian tax authority (AFIP), by means of Resolution 5259/2022, established the obligation to consign the number of the electronic document for the transport of meats (Remito Electrónico Cárnico – REC) in the electronic sales invoice that support the operations of sale of meat and by-products derived from the slaughter of the cattle/buffalo species and […]
As a result of Hurricane Fiona, Puerto Rico has declared a state of emergency through Executive Order No. OE-2022-045. In response to this, the Treasury Department issued Administrative Declaration 22-07 which provides for a temporary exemption from the sales and use tax on “prepared foods”, “candies”, “carbonated beverages”, and “pastries”. The exemption period will begin […]
The Romanian Ministry of Finance has announced another delay to e-transport requirements for high-fiscal risk products by issuing a draft emergency ordinance (“GEO”) on 21 September 2022. The fines had already been delayed from July 2022 to October 2022, but this time the entry into force has been postponed to January 2023. Another significant change […]
New Jersey recently enacted P.L. 2022, c. 97 which excludes the installation of signs from the existing capital improvement sales tax exemption. Sign installers must charge sales tax to their customers on the installation of all signs beginning October 1, 2022. However, the new law allows sign installers to purchase signs and materials for use […]
According to this Law, not yet published in the Official Gazette, all entrepreneurs and professionals must issue, send and receive electronic invoices in their business relationships with other businessmen and professionals. Additionally, the recipient and the sender of electronic invoices must provide information on the status of the invoices. The Government will have 6 months […]
The Independent Authority for Public Revenue (IAPR) has made some updates to the MyDATA system in recent weeks, including technical and regulatory changes. The changes include the following: The Ministerial Decision A.1138/2020 was amended by Decision A. 1090/2022, which includes changes regarding the obligation to transmit data to the myDATA digital platform. As a result, […]
The DIAN (Colombian tax authority) has informed that a maintenance window of the Electronic Invoicing System will occur on 15 September 2022, from 7pm until 11:59pm. During this window, e-invoicing services will be unavailable.
The Italian government has eliminated the obligation to electronically preserve accounting books and ledgers, providing a certain degree of simplification to its archiving requirements. Until now, accounting books and ledgers must be preserved electronically, following the same preservation process as for e-invoices (conservazione sostitutiva), within three months following the deadline for submission of the relative […]
A new version of the catalogs for the CFDI 3.3 and 4.0 has been released by the SAT. The new catalog version updates the sub catalog c_NumPedimentoAduana. The updated version of these catalogs is available at the following links: Catalog for CFDI 3.3: http://omawww.sat.gob.mx/tramitesyservicios/Paginas/documentos/catCFDI_V_33_08092022.xls Catalog for CFDI 4.0: http://omawww.sat.gob.mx/tramitesyservicios/Paginas/documentos/catCFDI_V_4_08092022.xls
As established by Ato COTEPE/ICMS No. 80, of 5 September 2022, version 3.1.1 of the EFD ICMS IPI Practical Guide has been published with the following changes: Correction of the guidance for filling in field 05 of the C190 record – removal of the FCP term Inclusion of registers C597, C857, C897 and D737 in […]
The XSD Schema related to the layouts of version 2.1.1 of the EFD-Reinf were republished with changes but keeping the same version v2_01_01. Previously downloaded XSD files must be replaced. The XSD replacement Schema is available for download at: http://sped.rfb.gov.br/arquivo/download/6048 Source: Esquemas XSD da versão 2.1.1 da EFD-Reinf republicados
The Minnesota Department of Revenue recently updated Form W-4MNP, Withholding Certificate for Pension and Annuity Payments. This form is used by distribution recipients to report taxpayer information and exemptions to the payors, who use the information for withholding tax purposes. While the form and payee instructions saw minor updates, the payor instructions saw substantial changes. […]
The Utah State Tax Commission recently published an updated version of Publication 14, Withholding Tax Guide. This publication provides guidance and information for taxpayers relative to withholding tax payment and reporting, along with W-2 and 1099 reporting information. Note that this most recent release is effective as of January 1, 2023; the version effective for […]
On the 30th of August, the Ministry of Finance published a draft legislation amending the Regulation on the use of the National e-Invoice System (“KSeF”). The purpose of the draft amendment is to adapt KSeF’s terms of use to the specific conditions that apply to the local government units and the VAT groups, that will […]
A new version of the catalogs for the CFDI 3.3 and 4.0 has been released by the SAT. The new catalog version updates the sub-catalogs c_NumPedimentoAduana and the sub-catalog c_PatenteAduanal. The updated version of these catalogs is available at the following links: Catalog for CFDI 3.3: http://omawww.sat.gob.mx/tramitesyservicios/Paginas/documentos/catCFDI_V_33_24082022.xls Catalog for CFDI 4.0: http://omawww.sat.gob.mx/tramitesyservicios/Paginas/documentos/catCFDI_V_4_24082022.xls
The Tax Authority in the country published an XSD update for the following documents: e-CF 31 v1.6 (Factura de Crédito Fiscal Electrónica) e-CF 32 v1.6 (Factura de Consumo Electrónica) e-CF 33 v1.6 (Nota de Débito Electrónica) e-CF 34 v1.6 (Nota de Crédito Electrónica) e-CF 41 v1.6 (Comprobante Electrónico de Compras) e-CF 43 v1.6 (Comprobante Electrónico […]
The Ketchikan City Council recently approved ordinance No. 22-1949. The ordinance establishes a seasonal tax rate of 5.5%, from April 1 through September 30, on all retail sales, services, and rents subject to sales tax. Additionally, it lowers the tax rate to 3% for the period of October 1 through March 31. The rate changes […]
The SAT announced that taxpayers will have more time to compliantly issue the Complemento Carta Porte used for the transportation of goods. Therefore, the grace period in which no sanctions will be imposed if the Carta Porte does not meet all requirements was extended until 31 December 2022. Before this announcement, the grace period was […]