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The e-invoice to be used as a secured asset in Colombia

The Ministry of Trade and Industry of Colombia has joined forces with the major e-invoicing service providers, among them EDICOM, with a view to developing a factoring project. The aim of this new tax initiative is to ensure that the new electronic invoice acts as a securitised asset when companies ask for an advance on their payments from credit and financial institutions.

Source: http://www.edicomgroup.com/en_US/news/8570-the-e-invoice-as-security-in-colombia


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