The Internal Revenue Service (SRI) issued RESOLUTION No. NAC-DGERCGC22-00000024 on May 27, 2022, establishing the obligation to issue e-invoices to taxpayers required to issue invoices but not required to issue e-invoices and the obligation for these taxpayers, qualified as agents of withholding, to issue the Simplified Transactional Annex (ATS) version of withholding documents. These taxpayers […]
DIAN, the Colombian tax authority, published on 9 June 2022, a Draft Resolution for the implementation of the threshold of five (5) tax value units (UVT – unidad de valor tributario) as the maximum amount allowed for the issuance of cash register tickets generated through P.O.S. systems (tickets de máquinas registradoras con sistemas P.O.S.). When […]
On 10 June 2022, the Council of the European Union published the Council Implementing Decision authorizing the Republic of Poland to apply a special measure derogating from Articles 218 and 232 of Directive 2006/112/EC. While it was expected that the mandatory e-invoicing would start as of 1 April 2023, the recently published decision stated that Poland requested […]
The National Agency for Fiscal Administration (ANAF) published the technical documentation for the e-transport system. The technical documentation includes APIs, sample XML files, schema and validation rules. The documentation is available here.
The Internal Revenue Service (SRI) issued RESOLUTION No. NAC-DGERCGC22-00000024 on May 27, 2022, establishing the obligation to issue e-invoices to taxpayers obliged to issue invoices but not required to issue e-invoices, as well as the obligation for these taxpayers, qualified as agents of withholding, to issue the Simplified Transactional Annex (ATS) version of withholding documents. […]
In line with the Tax Administration Service (SAT) announcement that CFDI version 4.0 will be mandatory from 2023, it was published the first anticipated version of the Fifth Resolution Modifying the Miscellaneous Fiscal Resolution (Resolución Miscelánea Fiscal RMF) for 2022, establishing that taxpayers required to issue CFDI may choose to issue them in version 3.3 […]
Maine recently released updates to several documents for business registration and withholding. These documents include Form 941BN-ME, ME-21, the Business Change Notification; the Registration Application for Withholding and other taxes; and Form EFT, the Electronic Funds Transfer Application. Few changes were made across the three forms, none of them substantive. Most changes to the documents […]
The IRS has revised Form 1099-INT to be a continual use form. This change will eliminate year-to-year revisions of the form, bar fundamental changes to the form or its reporting. There are no changes to the reporting obligation for the form. A number of editorial changes were made to the form and its instructions in […]
With the purpose of granting more time for taxpayers to comply with their obligations, the Tax Administration Service (SAT) announced that the new electronic invoice 4.0 will be mandatory as of January 1, 2023. The previous date was 1 July 2022, therefore, with this new deadline taxpayers will have more time to continue with their […]
The Peruvian tax authority (SUNAT) has published a draft resolution introducing changes to the guías de remisión electronica (GRE), the electronic transport document that must be issued in connection to invoices (comprobantes de pagos). The aim of this draft resolution is to further regulate the issuance of the e- transport document, introducing several changes, mainly […]
The SAT published the Second and Third Anticipated Versions of the Fourth Resolution Modifying the Miscellaneous Fiscal Resolution (Resolución Miscelánea Fiscal RMF) for 2022. Among the changes introduced to the RMF, the option to cancel the CFDI from fiscal years prior to fiscal year 2022 was extended until December 31, 2022. The Second Anticipated Version […]
The Hungarian Tax Authority published in the test environment of the platform an update of the API documentation: Online Invoicing System 3.0 Interface Specification adding new ERROR, WARN, and INFO messages. Currently, this document is available only in Hungarian in the test environment; however, this document and its English version should be published soon in […]
A new version of the catalogs for the CFDI 3.3 and 4.0 has been released by the SAT. The updated version of these catalogs is available at the following links: Catalog for CFDI 3.3 Catalog for CFDI 4.0
On May 30, 2022, Maryland House Bill 305 (MD HB 305) was enacted into law. It becomes effective on October 1, 2022. The bill makes changes to Maryland’s law by adopting “lack of valid address” as the trigger for dormancy for both banking and securities-related property.
According to Peruvian legislation (Resolución de Superintendencia n. 128-2021/Sunat), 1 June 2022 is the final deadline for the inclusion of the last group of taxpayers in the country’s e-invoicing system (Sistema de Emisión Electrónica). On 1 April 2022, B2B electronic invoicing became mandatory for the small taxpayers with annual revenue below 23 UIT (Unidad Impositiva […]
The States Revenue Offices and Special Secretariat of the Federal Revenue Office in Brazil (Secretarias Estaduais de Fazenda e a Secretaria Especial da Receita Federal do Brasil) inform that the CFOP code 7.101 was mistakenly suppressed by Ajuste SINIEF 03/22. Thus, it is clarified that, in the issuance of the NF-e, the CFOP field for […]
Saudi Arabia’s e-invoicing system is being rolled out in two phases; the requirements of the second phase differ from the first phase. The first phase started on 4 December 2021 for all resident taxable persons. The second phase will go live on 1 January 2023, and the authorities have not yet announced which taxpayers will […]
The Secretary of the Treasury of Puerto Rico announced in a press release dated May 25, 2022, that the dates of the newly enacted hurricane preparedness sales tax holiday will be moved to give businesses more time to comply. The holiday that was originally scheduled for May 27-29, 2022, will now take place June 17-19, […]