Archive for Latin America

Brazil Eliminating Access to Free E-Invoicing Software

They are making the move away from free e-invoicing software for several reasons, including the sheer difficulty involved in managing technology capable of meeting Brazil’s compliance requirements.

Read More

New obligations in Ecuador for e-invoicing implementations

With Resolution NAC-DGERCGC17-00000430, new taxpayers are required to issue sales vouchers, proofs of retention, and complementary documents electronically according to several characteristics...

Read More

DIAN Colombia selects the taxpayers required to use e-Invoicing as of January 2018

The National Tax and Customs Department (DIAN) has already started to make e-invoicing mandatory and has announced in a recent draft which taxpayers are obligated to use e-invoicing in the next three months.

Read More

Paperless by Sovos first authorized solution for Peruvian real-time tax validation

November 9, 2017  |  Accounting, Compliance, Latin America

In order to become an OSE, Paperless by Sovos successfully completed the necessary measures required by the SUNAT, including securing ISO 27001 certification, demonstrating a high level of experience and service, and much more.

Read More

Costa Rica E-Invoicing: Top 8 Requirements to Know

With mandatory participation imminent in 6 months, multinational companies need to be proactive and start looking for a solution now to avoid any surprises when they are mandated.

Read More

Updated: The Definitive Guide to Latin American Compliance

September 28, 2017  |  Compliance, Electronic Invoicing, Latin America

Since Brazil’s e-invoicing launch, we’ve seen three major trends unfold: 1) the geographic reach of tax compliance and reporting initiatives has expanded; 2) the breadth of business processes affected has widened, and 3) the pace of compliance has accelerated.

Read More

Chile renews e-VAT return system

September 18, 2017  |  Compliance, Electronic Invoicing, Latin America

As 99% of tax documents are now electronic, this application will generate the VAT return based on the information contained in the electronic tax documents (DTEs)

Read More

e-Invoicing becomes mandatory in Colombia as from 2019

As from 2019 all those responsible for declaring VAT and Impoconsumo (Consumer Goods Tax) will be obliged to use this new system, according to the changes made in the latest tax reform (Law 1819 of 2016).

Read More

CFDI: Cancellation of an e-invoice now requires consent from the recipient

This new modality is established within the Tax Miscellaneous Resolution for 2017 (rules 2.7.1.38 and 2.7.1.39) and it is mandatory as of 1 January 2018.

Read More

Sovos acquires Paperless, creating the 1st global solution for B2G reporting 

With the acquisition, Sovos adds eReceipts to its real-time tax reporting solution, expands its presence in Brazil and extends Latin American operations to Chile, Colombia and Peru.

Read More