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Posted September 11, 2020 by Selin Adler Ring
India: New release notes available for e-invoicing reform

Indian officials continue to provide updates to the e-invoicing reform that partially enters into force in less than a month’s time on 1 October. Most recently, new release notes have been published on the API Sandbox web page on 8 September 2020.  The changes introduced include for example: • E-Commerce Operators (ECO) have been enabled […]

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Posted September 11, 2020 by Gabriel Pezzato
Hungary: New technical specifications for the real-time reporting system

The Hungarian tax authority has published new documentation applicable to its real-time reporting system. The documents are now in version 3.0, as follows: XML Schema Definitions: OSA v3 Schemas (last updated 07 Sept/2020) API example XML: API example XML (last updated 07 Sept/2020) Web Application Description file: Application WADL (last updated 07 Sept/2020) According to the Minister of Finance, the version 2.0 can be […]

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Posted September 11, 2020 by Ramón Frias
ARGENTINA: New Calendar of Implementation of the VAT Digital Ledger

The Argentinean tax administration has enacted a new resolution Nº 4671/2020 postponing some of the effective dates of the implementation of the Digital VAT Ledger, locally known as “Libro de IVA Digital”. According to the Resolution, the new calendar of implementation will be as follows: For taxpayers with gross revenues during 2018 fiscal year between […]

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Posted September 11, 2020 by Ramón Frias
ECUADOR: Foreign Supplies of Digital Services to be Taxed in September

Starting September 16, 2020, the tax administration of Ecuador will begin to enforce the collection of VAT on digital services supplied by providers not domiciled or established in that country. As a result of decree 1114/2020, foreign suppliers have the option of registering at the tax administration and applying 12% on the provision of these […]

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Posted August 14, 2020 by Filippa Jörnstedt
Portugal: Invoicing requirements for unique ID numbering and QR code have been published

Beginning 1 January 2021, companies issuing invoices under Portuguese law must proactively inform the Portuguese tax authorities about the number series expected to be applied on invoices, prior to being applied. Once the series has been communicated, the tax authority issues a validation code for each reported number series. The validation code is then used […]

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Posted August 11, 2020 by Gabriel Pezzato
PORTUGAL: New Law Decree-48/2020 removes notification requirements

Portugal has just passed Law-Decree 48/2020, which revokes some obligations that were established in 2019 during the mini e-invoicing reform. Among the obligations stipulated by last year’s Law-Decree 28/2019, taxable persons were to communicate a set of information to the tax authority, including the identification and localization of the company’s establishments that were issuing invoices, […]

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Posted July 29, 2020 by Ramón Frias
MEXICO: SAT Extends Until the End of the Year Permission to Use of Global CFDIs by Sellers of Fuels

The Mexican Tax Administration (SAT) has included a new provision in the Second Modification of the Miscellaneous Fiscal Resolution to postpone until December 31, 2020 the permission given to sellers of fuels to issue global electronic invoices (CFDIs) for their sales of fuels subject to volumetric controls. This permission was originally supposed to expire on July […]

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Posted July 21, 2020 by Ramón Frias
COSTA RICA: Government Announces Postponement of VAT on Foreign Supplies of Digital Services

The Minister of Finance of Costa Rica has announced that the implementation of VAT on supplies of digital services by foreign providers, which was scheduled to be effective on August 1, 2020, will be postponed until September 15 of this year. According to the Ministry, the change is being made in order to give enough time […]

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Posted July 21, 2020 by Ramón Frias
URUGUAY: DGI Introduces Several Changes to the Electronic Invoicing System of the Country

The tax administration of Uruguay (DGI) has announced several changes to the electronic invoicing system of the country, by releasing a new version of the technical documentation required to comply with that mandate. These new changes include the modification of existing fields and new fields that will be required for validation of the electronic invoices […]

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Posted July 21, 2020 by Ramón Frias
MEXICO: SAT Publishes the List of Foreign Suppliers of Digital Services

Foreign suppliers of digital services to customers located in Mexico are required by law to register at the tax administration of Mexico (SAT), charge VAT for the services that they provide to final consumers and issue the corresponding invoice to their customers. Taxpayers that do not comply with this mandate may be subject to sanctions […]

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Posted July 21, 2020 by Joanna Hysi
Greece publishes law on e-invoicing incentives

The Greek parliament has adopted legislation (Law 4701/2020) which provides a number of incentives to businesses who decide to use e-invoicing through a service provider during the tax years of 2020-2022. These incentives for example include a reduction of the statute of limitation for fiscal matters by 2 years, and a depreciation of twice the […]

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Posted July 14, 2020 by Ramón Frias
MEXICO: SAT Publishes the List of Foreign Suppliers of Digital Services

Foreign suppliers of digital services to customers located in Mexico are required by law to register at the tax administration of Mexico (SAT), charge VAT for the services that they provide to final consumers and issue the corresponding invoice to their customers. Taxpayers that do not comply with this mandate may be subject to sanctions […]

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Posted July 14, 2020 by Victor Duarte
Spain: New version of the SII will be required from January 2021

The Immediate Supply of Information (SII) version 1.1 has been updated to version 1.1-Bis. The changes will be effective from January 1, 2021. The Spanish tax administration, the AEAT, has introduced new fields required for sales under the consignment of goods regime. The ledger of invoices issued, and the ledger of invoices received are also affected […]

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Posted July 14, 2020 by Ramón Frias
PERU: SUNAT Issues Resolution 108/2020

The Peruvian SUNAT has issued Resolution 108/2020. This resolution is intended to postpone several obligations that otherwise would become effective July 1, 2020. As a result, the mandatory use of the United Nations Standard Products and Services Code (UNSPSC) or the Global Trade Item Number (GTIN) as identifiers of fixed assets in the Ledgers of […]

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Posted July 14, 2020 by Ramón Frias
CHILE: New Regulation Extends Permission to Use of Paper Invoices

The Chilean tax administration (SII) has issued a new resolution extending until December 31, 2020 the use of Invoices, Purchase Invoices, Liquidation Invoices, Dispatch guides, credit and debit notes in paper format that had previously been authorized until June 30, 2020. Resolution 70/2020 of the SII applies only to those specific taxpayers that by law, […]

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Posted June 26, 2020 by Denise Hatem
Preliminary Agreement to Postpone EU VAT e-Commerce Package to 1 July 2021

On June 24, 2020, European Union member states’ ambassadors reached a preliminary agreement on postponing the VAT e-Commerce Package from 1 January 2021 to 1 July 2021. Reports indicate that the postponement should be formally adopted by the Council following legal and linguistic review. The European Commission initially proposed the postponement in May due to the impact […]

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Posted June 19, 2020 by Ramón Frias
Colombia Sets the days for the VAT Holiday

The Colombian tax administration (DIAN) has announced that the VAT Holiday established by the Law 2010/2019 and the Legislative Decree 682/2020 will be held on the following three days: June 19, July 3, and July 19 of 2020. Participation in the VAT Holiday is not mandatory. Businesses opting to participate in the VAT Holiday should […]

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Posted June 18, 2020 by Jeff Gambold
UK: Further delay to implementation of VAT reverse charge to domestic construction services

UK HM Revenue & Customs has announced that the application of VAT by reverse charge on the provision of construction services in the UK will be delayed from 1 October 2020 to 1 March 2021 (the originally planned commencement date was 1 October 2019).  The revised reverse charge rules will impact any businesses that supply […]

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