Regulatory Analysis
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 […]
With the publication of Resolution No. 102300000004, the Bolivian tax authority postponed the term indicated in Resolution No. 102200000025 of November 29, 2022, until March 31, 2023, term in which the third group of taxpayers classified by Resolution No. 102200000010 of May 18, 2022, must start issuing Fiscal Documents only through the assigned online invoicing […]
Argentina: General Resolution No. 5323/2023 issued by the AFIP anticipates to February 23 and 24, 2023 the due dates for compliance with the obligations of determination and / or payment of Value Added Tax which original term was February 27 and 28 of this year. This change is according to the termination of the Unique […]
Panama published Resolution No. 201-0717 of 26 January 2023 in Official Gazette No. 29712 on 31 January 2023, which regulates the phases for banks and other financial institutions to comply with the requirements to issue invoices using authorized fiscal equipment or through the e-invoicing system, Sistema de Facturación Electrónica de Panamá (SFEP), as per Law […]
The Ministry of Economy and Finance of Panama published Executive Decree No. 3 of 20 January 2023 in Official Gazette No. 29706-B on 23 January 2023, which granted an extension for the adoption of electronic invoicing mechanisms for several activities that were initially required to adopt one of the mechanisms available (“fiscal equipment” or the […]
The Uruguayan Tax Authority has informed that the new version of the Daily Report Format 13.1 is now available in the production environment and applies to all reports sent from 1 February 2023. The Daily Report Format v.13.1 is available on the website of the General Tax Directorate of Uruguay. It is incorporated in Section: […]
The General Directorate of Internal Taxes (DGII) informs all taxpayers that the sequences of Tax Receipt Numbers (NCF / e-NCF) authorized during the year 2021 and that have not been used until December 31, 2022, will expire as of December 1st. of January 2023, respecting the provisions of General Standard No. 06-2018 on Tax Receipts. […]
The Superintendence of Tax Administration of the Government of Guatemala published Resolution Number SAT-DSI-1350-2022, through which informs that no later than March 31, 2023, all legal entities and individuals that are registered in the Small Taxpayers Regime must start issuing their DTE (Electronic Tax Documents) and must apply the provisions established for that regime. It […]
The new version of the CFE Format v23.3 is now in production. The document is available on the website of the General Tax Directorate of Uruguay under “Documents of Interest”. The only change in relation to version 23.2 is an adjustment in the wording of the description of field B.2: Type of Code related to […]
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 […]