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TAX PAYERS WOULD BE GRANTED A TRANSITIONAL REGIMEN FOR THE IMPLEMENTATION OF THE ELECTRONIC INVOICING REGIMEN

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TAX PAYERS WOULD BE GRANTED A TRANSITIONAL REGIMEN FOR THE IMPLEMENTATION OF THE ELECTRONIC INVOICING REGIMEN

VAT

For the 2019 taxable year, no sanctions will be imposed on taxpayers that legitimately fail to comply with their obligation to implement electronic invoicing

 

With the purpose of duly implementing the electronic invoicing regime, the Government proposed for fiscal year 2019 to exempt from tax sanctions, tax payers who prove that due to technological reasons or justified commercial inconvenience they failed to comply with their obligation to implement electronic invoicing, as long as they continue invoicing under the traditional method.