Over the last two decades, Latin American countries have experienced remarkable benefits from mandated e-invoicing. From simplified processes to reduced administrative burdens and more accurate sales tax collection, the advantages are undeniable. This powerful trend has now spread worldwide, with more countries embracing e-invoicing as a crucial tool for continuous transaction control.
By implementing e-invoicing and live reporting of invoice data and tax information, tax authorities are clamping down on fraud and significantly boosting VAT revenue without resorting to tax hikes.
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· Beyond Compliance: The Wider Organizational Impact
· How to choose Your Path: Tactical or Strategic Compliance
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