Electronic invoicing in Latin America
Our e-Invoicing solutions comply with the laws in each country where you have to operate, no matter the local requirements.
e-Invoicing in LATAM: a tax control measure
Chile, Mexico and Brazil were pioneers in the use of e-Invoicing. In these countries, use of the system is now widespread and beginning to make headway in other tax compliance policies, such as e-Accounting. The aim is to simplify these tasks for taxpayers and lower economic costs.
But also, given the nature of this system, the taxpayers’ invoicing activities and other operations are permanently under observation, so it is much easier to control tax evasion. e-Invoicing allows Tax
- Monitor as precisely as possible the monetary flow moved by taxpayers through what is billed in their business operations.
- Maintain a permanent audit of taxpayer purchases and sales and their incidence in models at sector level.
- Know in detail the tax a company is due to pay to the administration. It is a perfect tool to combat tax fraud.