Regulatory Analysis
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 matters kept electronically. The tax authority will not sanction those taxpayers who have not observed the forms and conditions related to the SIRE as well as the closure of their […]
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 validations for generation and transmission, as well as for registration as a security in the RADIAN. • It establishes that the subjects obliged to invoice must adopt this version within […]
The tax authority issues the Guide to Accept the Proposal from the SIRE (Integrated System of Electronic Records). SISTEMA INTEGRADO DE REGISTROS ELECTRONICOS – SIRE | Comprobantes de Pago Electrónicos (sunat.gob.pe)
The tax authority through Notice 08-23, establishes the implementation schedule of electronic invoicing for large national taxpayers in the following terms: “To ensure the implementation in a smooth and orderly manner during the period stipulated in the Law, the Large National Taxpayers have been segmented according to the following schedule:” It is important to mention […]
Through Resolution 201-5160a, the tax authority established that on July 31, 2023, expired the deadline for request in a justified manner the exception to the Electronic Invoicing System, for those companies that provide goods and services to the Government. This request will be subject to a resolution of the General Directorate of Revenue in which […]
Costa Rica: As of July 1 Costa Rica’s tourist services charge the general rate of 13% of the Value Added Tax (VAT). The Law of Attention to the Tourism Sector on the occasion of the Covid-19 Emergency, provided for a differentiated treatment in the collection of VAT to the economic activities of tourism due to […]
The Tax Authority (SUNAT) will not apply sanctions in case the taxpayer obliged to issue “Guias de Remision” electronically, does so physically, until December 31st, 2023. It is important to keep in mind that it is not that the start of the obligation is postponed, which is still on July 1st, however, if the taxpayer […]
On May 31, 2023, Argentina published the AFIP General Resolution No. 5364/2023, through which it establishes the Electronic Control Action System, its implementation and Administrative Statuses of the Unique Tax Identification Code (CUIT). Through this resolution, a procedure for controlling compliance with tax, customs and social security obligations of taxpayers and/or responsible persons called the […]
On May 17, 2023, the Electronic Invoicing Law was published in the Official Gazette of the Dominican Republic, whose purpose is to regulate the mandatory use of electronic invoicing in that country and sets the Electronic Invoicing Tax System and its features, optimization results and contingencies; as well as establishing the mandatory implementation deadlines and […]
On May 15, 2023, Puerto Rico’s Hacienda Department released Administrative Determination No. 23-02. The circular specifies the hurricane preparedness sales tax free period will take place on May 26-28, 2023. The circular also reiterates that products such as batteries, water, non-perishable food, storm preparedness supplies, and certain emergency equipment or supplies are included in the […]
On May 1st, 2023 SUNAT published Resolution 097/2023 that establishes the procedure for returning the General sales Tax (IGV) to tourists, indicates the date of operation of the first authorized checkpoint and regulates other provisions. This resolution establishes that the authorized checkpoint of the international air terminal is located in the pre-boarding control area of […]
The Superintendency of Tax Administration (SAT) published on March 31, 2023, the resolution SAT-DSI-400-2023 in which it extends the term of incorporation into the Electronic Invoicing Regime (FEL) to individuals and legal entities that are registered in the Small Taxpayer Regime, who must start with the issuance of their Electronic Tax Documents (DTE) no later […]
On April 11, 2023, the AFIP published in the Official Gazette Resolution No. 5344/2023 through which it defers the mandatory application until June 2, 2023, of the “Electronic Waybill – Granary Derivatives” for granary derivatives, with the exemption of the following products: BROKEN SUNFLOWER – SPLIT (152); BROKEN CORN – SPLIT (187); SOJA DEACTIVATED (218), […]
The tax authority in Ecuador (SRI) has published an updated version of the Guide for Taxpayers on Cancellation of Electronic Vouchers. The document describes the functionality of the cancellation option for electronic receipts authorized by the Internal Revenue Service. This functionality allows to carry out the entire process of annulment of electronic receipts, which includes: […]
The Internal Revenue Service of Ecuador (SRI) has published an update of the taxpayer guide for the negotiable commercial invoice. The document describes the functionality of the application of invoices that are authorized by the SRI under electronic modality, as negotiable commercial invoices.
The AFIP published the Resolution No. 5329/2023 on February 13, 2023, which among other topics set a new VAT collection regime on the sale of food products for human consumption, beverages, personal hygiene and cleaning articles. The amount of the charge will be determined by applying, on the net price of the operation resulting from […]
The Internal Revenue Service of Ecuador published an update of the electronic receipts technical sheet for its Off-line version. In this version the rates of certain ICE taxes are updated. Version 2.24 is available at the following link: here
Through Resolution No. 000003-2023, the National Superintendence of Customs and Tax Administration established a new maximum delivery period of three calendar days from the day after the date of issuance, to send the invoice or the linked electronic note to SUNAT or to the Electronic Services Operator (OSE), as appropriate. The extension of the term […]