Archive for Legal

They exist. In Rwanda. The Electronic Billing Machines....

They exist. In Rwanda. The Electronic Billing Machines….

It may look sinister. But the Electronic Billing Machines (EBM's) are the latest ICT innovation that will help the Rwanda Revenue Autohority to improve its efficiency when it comes to VAT collecting and to combat VAT fraud.
Rwanda has just a mere 7000 registered VAT tax payers. Yet many of them use all sorts of tricks to evade remitting the 18% on the sale of every VAT-charged commodity.

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The legal basics of e-invoicing in Chile

Chile was one of the first movers in electronic invoicing and they have one of the more complex environments. The Chilean electronic invoicing model combines elements of the batch-oriented folio scheme used in the legacy Mexican CFD model along with the real-time communication as found in Brazil and Argentina.
Currently, there are 12 types of electronic fiscal documents, referred to collectively as “Documentos Tributarios Electrónicos” or DTE. Combined, e-invoicing in Chile has its merits

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e-Invoicing In Manufacturing – How Advanced Are You? [webinar]

May 6, 2013  |  Electronic Invoicing, Events, Legal

e-Invoicing is becoming an increasingly important requirement for manufacturers as they look to expand, as well as support their customer’s globalisation moves into different regions around the world, such as Latin America and Mexico.
Discover the key to a successful e-Invoicing implementation in manufacturing by viewing this on-demand webinar hosted by Mark Morley, Manufacturing Industry Director and Nigel Taylor, e-Invoicing Director.

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Uruguay and Chile join EDICOM’s international e-invoicing platform

Edicom’s expansion in the American continent continues, extending their technical e-billing platform with the development of technical and legal solutions in line with Uruguayan and Chilean government requirements.
Their international electronic billing platform is now adapted to the scheme set forth by the Uruguayan DGI (General Tax Directorate). And the EDICOM international electronic invoicing platform has now been implemented with specific services for the generation, transmission and receipt of the DTE (Electronic Tax Document) from Chile.

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China rolls out tighter rules for e-invoicing [receipts]

May 1, 2013  |  Asia, Electronic Invoicing, Legal

China will introduce more regulations for its online invoice management system in a bid to standardize the industry and curb tax evasion. China's online invoice management measures will take effect on April 1, 2013. The new measures noted if the issuer of the invoice needs to change the details of the invoice, they must submit a written notice to the tax authorities which will then check the information before allowing the change.

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Mexico eInvoicing: The Calm before the CFDI storm

As I was preparing to leave for the SAP Insider Financials conference on Monday of this week, I was welcomed by the transition into Spring. And in Atlanta, this means thunderstorms and flight delays. I couldn't help of think of this metaphor for what is about to happen in Mexico when the transition of CFD (legacy eInvoicing legislation) is replaced with the new CFDI legislation.

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Invoiceware Updates SAP Rapid Deployment Templates

Invoiceware International extends their SAP ERP Rapid Deployment Templates to manage Brazil’s new processes for Nota Fiscal cancellations, the entire eventos process to support Manifestação do Destinatário, the changes to the ICMS tax rate, and the Manifesto de Documentos Electronico used for internal shipping procedures.

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Don’t force them to go paperless in the land of the free

“O'er the land of the free and the home of the brave?” Americans do love their freedom. So don’t force them to go paperless. Consumers for Paper Options, the name says it all, applauds a new Congressional resolution to protect access to paper-based options for government services and information.

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Ecuador starts with mandatory e-invoicing as from 2014

In 2012 the Ecuadorian government performed an e-invoicing pilot with 20 companies. To make the public familiar with the mandatory e-invoicing procedure this year (2013) the tax office provides training from February to June through virtual classrooms and on site in regional tax offices. This is how the Ecuadorian mandatory e-invoicing systems works....

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How to comply with the South African Revenue Service’s e-invoicing obligations

January 31, 2013  |  Africa, Electronic Invoicing, Legal

South African E-invoicing is not free from regulation. No Mister! Several applicable regulations must be considered and complied with in order for e-invoices to be lawfully binding. South African E-invoices will be valid in law and binding if the following legal requirements prescribed under the ECT Act are met.

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