Regulatory Analysis
On July 11, 2023, the Ministry of Finance of the United Arab Emirates (UAE) announced five major strategic transformational projects which aim to advance the country in the field of digital government. One of the announced projects is the “E-Billing System”, a system that will automate and thus facilitate the procedures for filing tax returns […]
The SAT published on its official website the First Advance Version of the Sixth Resolution of Modifications to the Miscellaneous Tax Resolution 2023. It extends the term until December 31, 2023, for those taxpayers who issue the CFDI with Carta Porte supplement to comply with all the requirements contained in the “Instructions for filling out […]
The tax authority in Bizkaia published an update for the technical documentation related to Bizkaia SII. The documentation introduces the value “AJ” (Ajuste del Margen de Beneficio) in the ledger of issued invoices for modifications of the tax base and quota for which there is no obligation to issue a rectifying invoice derived from the […]
June 30, 2023, marks the end of the grace period for those who make payments for salaries and who are obliged to issue CFDIs for them, may choose to issue them in version 3.3 with payroll supplement in version 1.2, in accordance with The Second Resolution of Modifications to the Miscellaneous Tax Resolution (RMF) for […]
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 […]
Through the aforementioned Resolution, the authority made modifications to the content of the RMF for 2023, among which the following stand out in terms of CFDI´s: DEDICATED TRANSPORT SERVICES In rule 2.7.7.1.3., the wording is specified to indicate that the client or contractor of dedicated transport services must issue a CFDI of transfer type to […]
A new Taxpayer Orientation Manual version 1.00a General View (MOC NFCom 1.00a – Visão Geral) and Taxpayer Orientation Manual version 1.00a Annex 1 Layout and Validation Rules (MOC NFCom 1.00a – Anexo I Leiaute e Regras de Validação) for the NFCom (electronic invoice for communication services – Model 62) have been published. These Manuals follow […]
The Italian Tax Authority (Agenzia delle Entrate) will make available on the 15th May of 2023, a new platform for the provision of free services, via API, called API Management. This measure is part of an initiative to simplify administration and promote digital services, and it is aimed at an audience of users interested in […]
Mexico: The SAT published the standard and the error matrix of the Carta Porte Supplement version 2.0 Revision C, that is integrated into CFDI version 4.0 Among the main changes are: 4 service keys were incorporated into the additional validation of the CFDI ProdServ Key. The coexistence of the Carta Porte supplement was incorporated with […]
Exciting news out of Israel as the government approved the 2023-2024 budget on 24 February 2023 to introduce a Continuous Transaction Control (CTC) model in their tax system. This is a long-awaited move that will have significant implications for businesses operating within the country. The new plan, which was prepared by the Ministry of Finance […]
The obligation to submit the EFD-Reinf (Digital Fiscal Record of Withholdings and Other Fiscal Information) for the next group of obliged taxpayers, which was set to begin March 2023, has been postponed. Normative Instruction n. 2.133, of 27 February 2023 has now been officially published postponing such obligation, meaning that affected taxpayers must submit their […]
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 […]
MEXICO: Deadline to correct payroll CFDIs issued during tax year 2022. The RMF 2023 granted the facility to taxpayers who during fiscal year 2022 have issued payroll CFDIs that contain errors or omissions in their filling out or in their version may, for a single occasion, correct these, as long as the new receipt that […]
The Turkish Revenue Authority (TRA) has recently announced that it will be mandatory to use the QR code on several electronic documents as of 1 September 2023. E-Fatura Invoices, e-Arsiv Invoices and e-Delivery Notes are among the e-documents announced. QR Code must meet the technical requirements set in the guideline of the TRA. E-commerce sellers […]
California recently released the 2023 California Employer’s Guide (DE 44) and the 2023 Household Employer’s Guide (DE 8829). The “Household Employer’s Guide” has been renamed to “California Employer’s Guide”. A summary of key changes is noted below. To make an adjustment to incorrect UI, ETT, SDI, and/or PIT after DE 9 was filed, file a DE 88 […]
The 2023 version of the W-4R and W-4P were released January 9, 2023. In 2022, taxpayers had the option to use either the 2021 Form W-4P or the 2022 Forms W-4P and/or W-4R in 2022. However, beginning January 1, 2023, the 2023 W-4P and W-4R must be used. W-4P is now used only to make […]
Louisiana recently published the 2023 version of R-20201, Electronic Fund Transfer (EFT) Guidelines. This publication provides details and procedures for taxpayers using EFT to submit payment to the Louisiana Department of Revenue. There is only one change made to the latest version of the Publication R-20201. Tax Codes 08431-08435 have been added for “Retail Dealers of […]
According to the information made available in the SPED web portal, as soon as the new version of the EFD-REINF (Digital Fiscal Record of Withholdings and Other Fiscal Information) is implemented in production to receive events from the R-4000 series, all events must migrate to layout version 2.1.1 (including table events R-1000, R-1070 and the […]