Regulatory Analysis


 
Posted August 11, 2022 by Kelly Muniz
Uruguay: Formato CFE version 23.2 has been Published

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

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Posted August 10, 2022 by Victor Duarte
Chile: New regulation establishing requirements for DTE used for purchase and sales of foreign currency

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 […]

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Posted August 3, 2022 by Selin Adler Ring
India: New Taxpayers to Comply with E-invoicing Rules

As previously predicted by Sovos, the threshold for implementing mandatory e-invoicing has been lowered by the Indian authorities. According to the Central Board of Indirect Taxes and Customs Notification No. 17/2022 – Central Tax, from 1 October 2022 compliance with the e-invoicing rules will be mandatory for taxpayers with an annual threshold of 10 Cr. […]

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Posted August 3, 2022 by Robert Pelletier
Romania – SAF-T Filing 2022 – Grace Period Extended

On 1 August 2022, the Romanian National Agency of Fiscal Administration (ANAF) issued a draft order indicating plans to extend the SAF-T filing grace period. The ANAF previously granted a six month grace period to 31 July 2022 for SAF-T filings. The grace period is set to be extended by an additional six months to […]

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Posted July 28, 2022 by Victor Duarte
BRAZIL: Updated NF-e Technical Note 2021.004 v.1.32

The NF-e Technical Note 2021.004 v.1.32 was published. This update corrects the documentation for Rule K01-20 to improve its applicability. In the case of Sales for Future Delivery operations, the CFOPs of Exception 3 of this same rule were replaced by the correct ones. With these changes, the deadlines are as follows: Testing: until 25/07/2022 Production: […]

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Posted July 15, 2022 by Kelly Muniz
Peru: Resolution Officializes New Rules on the E-transport Document

Following the recently released draft publication, the Peruvian tax authority, SUNAT, published Resolución de Superintendencia 000123-2022 on 12 July 2022, officially modifying the rules regarding the country’s e-transport document, the Guía de Remisión Electrónica – GRE. As provided in the draft, the official resolution requires mandatory issuance of the e-transport document electronically, no longer allowing […]

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Posted July 12, 2022 by Kelly Muniz
Italy: Decree Introduces Threshold for Reporting of Cross-border Transactions

The Italian government recently published Law Decree n. 73, which introduces a threshold to the mandatory cross-border invoice reporting requirement that became effective on 1 July 2022. According to article 12 of the Decree, taxpayers covered by the cross-border reporting mandate, who are obliged to transmit data relating to the sales of goods and provisions […]

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Posted July 12, 2022 by Kelly Muniz
Brazil: New Ajuste SINIEF 16/22 Postpones Implementation of the NF3-e

Ajuste SINEF 16/2022 has now been published postponing the implementation of the electric energy electronic invoice (Nota Fiscal de Energia Elétrica Eletrônica – NF3-e). The calendar of implementation of the NF3-e for each state is updated, as follows: ·       1 June 2022: Mato Grosso ·       1 October 2022: Acre, Alagoas, Amapá, Amazonas, Bahia, Espírito Santo, […]

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Posted July 7, 2022 by Kelly Muniz
Portugal: Mandatory B2G invoicing for SME’s postponed again

In a recent move, the Portuguese parliament has once again postponed the implementation of mandatory B2G e-invoicing for small, medium and microenterprises. The mandate has been postponed before and was previously set to become effective on 1 July 2022. With the change published in Law Decree 42-A/2022, of 30 June 2022, the postponement now means that […]

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Posted July 7, 2022 by Kelly Muniz
Colombia: DIAN Officializes Threshold for the Issuance of Documents through P.O.S Systems and Roll-out Dates

Following the draft Resolution published in June, the Colombian tax authority (DIAN) has officialized the implementation of the five UVT (tax value unit) threshold 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.), by means of Resolution 001092, published on 1 […]

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Posted July 5, 2022 by Selin Adler Ring
Saudi Arabia: Recent Updates on the E-invoicing Phase 2

Following the public consultation period, the Zakat, Tax and Customs Authority (ZATCA) in Saudi Arabia has published the amended E-invoicing Implementation Resolution. As previously mentioned, these amendments aim to clarify some requirements (e.g. Cryptographic Stamp, hash, counter etc.) rather than introducing new ones. Moreover, together with the user manual a new Fatoora Platform made available […]

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Posted July 5, 2022 by Kelly Muniz
Brazil: Technical Note 2022.001 of the CT-e is now implemented

Technical Note (Nota Técnica – NT) 2022.001 of the E-way bill document (Conhecimento de Transporte Eletrônico – CT-e) is now implemented in the production environment. The main changes were the creation of the CRT tag in the issuing group, the implementation of a new rule for CFOP 5932 and 6932 and the permission to make […]

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Posted July 5, 2022 by Kelly Muniz
Peru: SUNAT postpones the deadline for the transmission of electronic invoices and related electronic notes until 1 January 2023

On 30 June 2022, the Peruvian tax authority (SUNAT) published Resolución de Superintendencia n. 117-2022, which postpones again the 3-day deadline for transmission to SUNAT and the OSE (Operator of Electronic Services) of electronic invoices and its related electronic notes, until 1 January 2023. The previous rule, established by Resolución de Superintendencia 201-2021/SUNAT, determined that […]

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Posted July 5, 2022 by Victor Duarte
Mexico: Complemento Comercio Exterior Catalogo’s scheme updated

The SAT published a Catalogo’s scheme update for the Complemento used for exports “Comercio Exterior” version 1.1 Revision C and D. Revision C is used for CFDI 3.3 and Revision D is used for CFDI 4.0. The updated document for Version 1.1 Revision C is available here and The updated document for Version 1.1 Revision […]

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Posted July 5, 2022 by Victor Duarte
Mexico: SAT published new modifications for the Miscellaneous Tax Resolution (RMF)

The second anticipated version of the Fifth Resolution of Modifications to the miscellaneous tax resolution (RMF) for 2022 and its annexes 1-a and 14 were released through the SAT portal. It establishes the first general vacation period of 2022 for the SAT, the days from July 18 to 29, 2022. Also introduces changes regarding the […]

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Posted July 1, 2022 by Enis Gencer
Romania: Penalty Relief for the e-transport system

On 30 June 2022, the Romanian Government issued Act No. 106 and changed the effective date of Articles 13 and 14 of GEO, which established the penalties for non-compliance with the e-transport system requirements. As a result, the Romanian authorities will not implement fines for non-compliance with the e-transport requirements until the new effective date, […]

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Posted June 30, 2022 by Enis Gencer
Greece: Clarification from IAPR about B2G E-Invoicing

The transposition of the Directive 2014/55/EU into Greek law was adopted in the first quarter of 2019, making it mandatory for the central government to receive e-invoices from its private sector suppliers. Moreover, the Independent Authority for Public Revenue recently published a clarification concerning suppliers in B2G transactions. According to the clarification, suppliers that have […]

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Posted June 22, 2022 by Kelly Muniz
Brazil: Ajuste SINIEF 13/2022 reinstates code 7.101 of the CFOP

By means of Ajuste SINIEF 13/2022, code 7.101 is added to Annex II of the Tax Code for Operations and Services – (Código Fiscal de Operações e de Prestações – CFOP), under heading “7.100 – Sales of own production or third-party products”. Code 7.101 was mistakenly suppressed by Ajuste SINIEF 3/2022. The new provision reads […]

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