Regulatory Analysis
The Aruban Department of Taxes announced a 1% increase to the turnover tax (BBO) rate effective 1 January 2023. As a result the combined BBO, BAVP, and BAZV rate will increase to 7%. Please note that the proposed VAT system previously announced for implementation from 1 January 2023 has been delayed until 2024. The announcement […]
Suriname is introducing a new VAT system that will replace the current sales (turnover) tax. A 10% VAT rate will come into effect on 1 January 2023. Businesses with annual taxable turnover exceeding SRD 1 million are required to register and others may voluntarily register. Non-resident suppliers providing digital services to non-taxable persons in Suriname […]
The General Tax Directorate of the Republic of Uruguay has published on its website the following technical documents for the electronic fiscal documents (CFE) in the production environment: CFE: CFE v23.2 format Daily report: CFE Report Format v13 Response Message: Response Message Format v15 Schema: XSDs_FE_V1.42.1 XSD_Formato_Envío de Información Proveedores de SW v1.5.
The internal revenue service of Ecuador has published on its website a new version of the guide for taxpayers on the request for authorization to issue electronic receipts. The guide establishes the requirements and instructions to access the issuance of electronic receipts in a test environment and later in a production environment, and details the […]
The Chilean Internal Revenue Service published Circular No. 50 with instructions on the forthcoming entry into force of the modifications introduced by Law No. 21,420, which reduces or eliminates tax exemptions. Among its modifications is the change in the definition of the basic taxable event “service” which is defined as “the action or provision that one […]
The National Superintendence of Customs and Tax Administration of Peru (SUNAT) published a draft resolution to allow the issuance of electronic invoices for foreign tourists. The draft resolution modifies the Payment Voucher Regulations, as well as the regulations on the electronic issuance of payment vouchers to allow the issuance of invoices for sales made by […]
The National Directorate of the Internal Revenue Service of Ecuador published resolution DGERCGC22-00000052 by virtue of which the electronic invoicing of land transport operators throughout the country, except taxis, will be made possible. With this regulation change, the partners, or shareholders of commercial transport operators, except taxis, may be designated as exclusive points of issuance […]
The Legislative Assembly of El Salvador has recently approved Decree 487 with relevant reforms to the Tax Code, introducing the initial and general legal framework for its mandatory electronic invoicing system, for which there is currently no provision under the country’s tax legislation. The Decree defines the different types of Electronic Fiscal Documents (Documentos Tributários […]
The Argentinian tax authority (AFIP) has established the procedure for linking the electronic transport document for flour (Remito Electrónico Harinero – REH) with the electronic sales invoice that supports the operations of sale of flour and by-products derived from the milling of wheat. As recently established for the e-transport document for meats (Remito Electrónico Cárnico […]
The Uruguayan tax authority (DGI) has informed that Version 23.2 of the CFE Format document (electronic fiscal documents), version 13 of the Report Format document, version 15 of the Response Message Format and XSD schema version 1.42.1 are now available for testing. The new versions and their XSD schemas are published in the Functional and […]
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 […]
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 Dirección General de Impuestos Internos (DGII) published a new “Informe Técnico” for the CF-e. Among the changes, the new document updates the examples used for the calculation of the additional tax for the codes and updates the limit of the lines in the CF-e with a maximum of 1,000 lines, which before was only […]
The Uruguayan tax authority (DGI) has published new technical documentation regarding version 23.2 of the Formato Comprobantes Fiscales Electrónicos – CFE (electronic invoice) document. In this new version, the text of the validation of indicator 16 for elements B-C4 and D-C7 are modified. The new document version is available for download at: https://www.efactura.dgi.gub.uy/files/formato_cfe_v23_2-pdf?es
The Tax authority in Chile (SII) published Resolución Exenta N° 66 requiring taxpayers performing purchasing and sales of foreign currency to follow the technical instructions on how to register these operations in their DTE’s issued for these operations. The resolution includes in its annex the rules that must be implemented by taxpayers carrying out these […]
The Tax authority in Chile (SII) published a Resolución Exenta 65 requiring certain taxpayers to populate the field “sale transaction type” with 6 (Tipo Transacción de Compra <TpoTranCompra>: “6”) for the issuance of invoices used on sales of cigarettes under substitution of taxable person regime only. The resolution will be effective from 1 September 2022. […]
Version 23.1 of the Formato de los CFE technical documentation and its corresponding XSD have been published by the Uruguayan tax administration (DGI). This version includes the changes published in version 23 and is adjusted with new updates. The changes entail the update of several validation codes. The schedule for such updates follows as previously […]
The Tax Authority in the Dominican Republic updated the XSD of the following documents, on 15 July 2022: e-CF 31 v1.0 (Factura de Crédito Fiscal Electrónica) e-CF 32 v1.0 (Factura de Consumo Electrónica) e-CF 33 v1.0 (Nota de Débito Electrónica) e-CF 34 v1.0 (Nota de Crédito Electrónica) e-CF 41 v1.0 (Comprobante Electrónico de Compras) e-CF […]