Regulatory Analysis
The Law No. 21713, which establishes rules to ensure compliance with tax obligations within the Pact for Economic Growth, Social Progress, and Fiscal Responsibility, published in 2024, made some modifications to the Value Added Tax Law. Among these modifications, the sale of movable goods through intermediary platforms or digital commerce located abroad by final consumers […]
As of September 1, 2025, the Withholding in the source Form, related with the Income tax which must be completed by the Withholding Agents, will automatically include the data of the electronic receipts issued for this purpose. In this way, Ecuador adds one more declaration with pre-filled information. https://www.sri.gob.ec/web/intersri/home
Through Resolution 1421/2025, issued on August 28, 2025, the authority established that Certificates of Contingency issued as of October 2, 2025, the term for the use of pre-printed documentation will be 2 years from the issuance of the certificate. The 5-year term is retained for those issued prior to that date. The Contingency is understood […]
The tax authority published a document on June 30 that aims to clearly and systematically present the steps taxpayers must follow during the certification process. It details each stage required for the proper implementation of electronic invoicing in accordance with current regulations.
Resolution No. 000032-2025-SUNAT/700000 issued by SUNAT extends the application of its discretionary power not to impose sanctions through December 2025. This extension applies to the reporting periods of July, August, September, October, November, and December 2025, and is intended to support ongoing inductive efforts that encourage proper submission of: RVIE – Electronic Sales and Income […]
Through Resolution No. NAC-DGERCG25-00000014, the SRI establishes the procedures and mechanisms for the cancellation of electronic receipts. The resolution specifies that electronic documents—including sales receipts, retention certificates, and other related documents—may be cancelled up to the 10th day of the month following their issuance. After this deadline, cancellations can only be processed through the issuance […]
The DGII informed taxpayers identified as large local and medium-sized Taxpayers whose deadline for the implementation of the Electronic Invoice was May fifteen (15), 2025, that an exceptional extension has been granted for a period of 6 months. With this general extension, the original deadline of May 15, 2025 (deadline provided for in Law 32-23 […]
The authority issued exempt resolution No. 53 through which it establishes the obligation to deliver the printed or virtual representation of the e-ticket and/or the (voucher) to taxpayers who operate with these documents for sales and services made through face-to-face channels in B2C transactions. a) In the case of receiving payments with cash or bank […]
The tax authority established that as of September 1st, 2025, sales made to end consumers for amounts greater than CLP$5,186,253.15 must be identified in the electronic receipt issued to the purchaser of such goods and services. For such purposes, the name and surname, RUT, form of payment, in addition to clearly informing the goods and […]
As of July 1, 2025, taxpayers registered with the activity 41000 (Construction of architectural works), even if it is not the main one; they must identify in the documentation of their operations linked to real estate, by means of the DGIINM Code, both the property and the type of operation referred to in the receipt. […]
The SII issued Circular No. 19 to provide more details on changes introduced by Law No. 21,713 to the Tax Code. One key change is the addition of Article 92 ter, which allows purchase and sale transactions over 135 UF (about 5,500 USD) to be made in cash, provided the payer’s identity is recorded in […]
In late 2024, the Philippine government enacted the CREATE MORE Act, introducing several amendments to the Tax Code, including changes to e-invoicing and to the CTC e-reporting system. The Act removed the five-year deadline for the government to implement e-invoicing and CTC e-reporting – originally set by the TRAIN Law – and introduced tax deduction […]
On January 31, resolution No. 000003-2025-SUNAT/700000 was published. With this resolution, the application of the discretionary power regulated in the Resolution of the Deputy National Superintendence of Internal Taxes No. 000039-2023-SUNAT/700000 is extended until the period June 2025 so that, with respect to the periods January, February, March, April, May and June 2025, inductive actions continue to […]
On January 31, resolution No. 000003-2025-SUNAT/700000 was published. With this resolution, the application of the discretionary power regulated in the Resolution of the Deputy National Superintendence of Internal Taxes No. 000039-2023-SUNAT/700000 is extended until the period June 2025 so that, with respect to the periods January, February, March, April, May and June 2025, inductive actions continue to […]
On January 16, the authority reported that the consumer’s information regarding the consumer’s name, surname, address and identification number (CUIT, CUIL, CDI, identity document, passport or identity card) must be included in the receipt in the following cases: When the receipt is issued for a value of $ 417,288 or more, if the payment is […]
Effective May 1, 2025, taxpayers who operate with an electronic receipt and/or electronic receipt depending on the payment method, must submit printed representation. In case of payment in cash or bank transfer, the electronic receipt. In the case of electronic means of payment, the receipt, or printed voucher. Businesses must display a poster or visible […]
Through General Resolution No. 5616/2024, the authority updates the different modalities of issuance of vouchers for those who carry out operations in foreign currency, applicable to class “A”, “B”, “C”, “E” and “T” vouchers: When they are paid in the same currency, the seller-currency exchange rate reported by the Banco Nacion corresponding to the business […]
The Resolution of the Deputy National Superintendence of Internal Taxes No. 000046-2024-SUNAT/700000 was published in the Official Gazette on December 31, 2024. The resolution extends the discretionary power to sanction the transportation of goods and/or passengers, as well as the remittance of goods with documents that do not meet the requirements and characteristics to be […]