Electronic Invoicing in Latin America

Electronic Invoicing in Latin America
Author: Alberto Daniel Barreix
Publisher: Inter-American Development Bank
Total Pages: 75
Release: 2018-03-21
Genre: Business & Economics
ISBN:

The electronic invoicing (EI) of taxes is one of Latin America’s contributions to international taxation in support of the fight against evasion, global efforts towards tax transparency, and the digitization of tax administrations (TAs). Initially, EI was conceived as an instrument of documentary control over the invoicing process, so as to avert both the omission of sales and the inclusion of false purchases. The original idea was extended to other areas of tax control, such as payroll, goods in transit, and new services such as factoring. To some extent, EI can be regarded as the start of the process of digitizing the TAs in the broad sense. This publication addresses the pioneering experience of EI in Latin America, from its implementation to its extensions and impact on tax collection.

Latin American Economic Outlook 2020 Digital Transformation for Building Back Better

Latin American Economic Outlook 2020 Digital Transformation for Building Back Better
Author: OECD
Publisher: OECD Publishing
Total Pages: 308
Release: 2020-09-24
Genre:
ISBN: 9264424199

The Latin American Economic Outlook (LEO) 2020 focuses on the role of digital transformation in helping to navigate through challenging times. The Covid-19 pandemic is having a profound impact on socio-economic conditions, accentuating the already complex scenario faced by a region with significant structural weaknesses. This unprecedented crisis comes at a time of high aspirations and reinforces the need to transform the very foundations of the development model in the region.

Latin American Economic Outlook 2018 Rethinking Institutions for Development

Latin American Economic Outlook 2018 Rethinking Institutions for Development
Author: OECD
Publisher: OECD Publishing
Total Pages: 256
Release: 2018-04-09
Genre:
ISBN: 926428883X

The Latin American Economic Outlook 2018: Rethinking Institutions for Development focuses on how institutions can underpin the foundations of a long period of sustained and inclusive growth and increased well-being. The report begins with an overview of the main macroeconomic challenges ...

Digitalization to Improve Tax Compliance: Evidence from VAT e-Invoicing in Peru

Digitalization to Improve Tax Compliance: Evidence from VAT e-Invoicing in Peru
Author: Mr.Matthieu Bellon
Publisher: International Monetary Fund
Total Pages: 36
Release: 2019-11-01
Genre: Business & Economics
ISBN: 1513519433

This paper examines the impact of e-invoicing on firm tax compliance and performance using administrative tax data and quasi-experimental variation in the rollout of VAT electronic invoicing in Peru. We find that e-invoicing increases reported firm sales, purchases and value-added by over 5 percent in the first year after adoption. The impact is concentrated among smaller firms and sectors with higher rates of non-compliance, suggesting that e-invoicing enhances compliance by lowering compliance costs and strengthening deterrence. The reform’s positive effects on tax collection are hindered by shortcomings in the VAT refund mechanism in Peru, suggesting that digital tools such as e-invoicing should be complemented by other reforms to improve revenue mobilization.

Latin American Economic Outlook 2019 Development in Transition

Latin American Economic Outlook 2019 Development in Transition
Author: OECD
Publisher: OECD Publishing
Total Pages: 234
Release: 2019-09-27
Genre:
ISBN: 9264313761

The Latin American Economic Outlook 2019: Development in Transition (LEO 2019) presents a fresh analytical approach in the region. It assesses four development traps relating to productivity, social vulnerability, institutions and the environment.

WHO technical manual on tobacco tax policy and administration

WHO technical manual on tobacco tax policy and administration
Author:
Publisher: World Health Organization
Total Pages: 306
Release: 2021-04-07
Genre: Law
ISBN: 9240019189

This WHO technical manual on tobacco tax policy and administration builds upon the 2010 WHO technical manual on tobacco tax administration by further detailing the strategies for effective tobacco tax policy development, design, implementation and administration. This 2021 edition also serves as an update to the 2010 manual, incorporating the latest developments in science, technology and policy, as well as providing illustrative recent examples from a variety of countries. The best practices laid out in this manual are designed to inform governments on the development of their tobacco taxation policy, facilitating the achievement of their health and revenue objectives while also supporting their overall development strategy.

Broadband Policies for Latin America and the Caribbean A Digital Economy Toolkit

Broadband Policies for Latin America and the Caribbean A Digital Economy Toolkit
Author: OECD
Publisher: OECD Publishing
Total Pages: 448
Release: 2016-06-22
Genre:
ISBN: 9264251820

This joint initiative by the Inter-American Development Bank (IDB) and the OECD seeks to encourage the expansion of broadband networks and services in the region, supporting a coherent and cross-sectorial approach, to maximise their benefits for economic and social development.

OECD Development Pathways Multi-dimensional Review of Panama Volume 2: In-depth Analysis and Recommendations

OECD Development Pathways Multi-dimensional Review of Panama Volume 2: In-depth Analysis and Recommendations
Author: OECD
Publisher: OECD Publishing
Total Pages: 184
Release: 2018-07-06
Genre:
ISBN: 9264302549

Panama has achieved socio-economic improvements in recent decades thanks to strong economic growth and consequent poverty reduction. Its growth model is characterised by a dual economy in which a small number of activities, including those related to the Canal and Special Economic Zones, have ...

Introduction to Corporate Finance: Asia-Pacific Edition with Online Stud Y Tools 12 Months

Introduction to Corporate Finance: Asia-Pacific Edition with Online Stud Y Tools 12 Months
Author: John R. Graham
Publisher: Cengage AU
Total Pages: 888
Release: 2016-08-09
Genre: Business & Economics
ISBN: 017036433X

Introduction to Corporate Finance offers a dynamic, modern and practical approach that illustrates how financial management really works. It features up-to-date content including the impact of the Global Financial Crisis and capital budgeting. Introduction to Corporate Finance is distinguished by the cash-flow 'arc' of the narrative, which gives a practical learning path, and the use of real options, which is a practical analysis tool that is used in corporate finance. Students are thus provided with the most engaging and contemporary learning path of any Australian text, giving them realistic preparation for a career in finance. The strong five part framework of the book is supported by integrated online elements and easy-to-read text.

e-Invoice the Encyclopedia for Indian GST

e-Invoice the Encyclopedia for Indian GST
Author: CMA Bhogavalli Mallikarjuna Gupta
Publisher: Notion Press
Total Pages: 416
Release: 2020-11-20
Genre: Law
ISBN: 1648508715

e-Invoicing is new to Indian Tax Payers, but it is implemented in 100+ countries acrossthe globe and has still not matured. e-Invoicing is implemented in all the countries in a phased manner, and India is also following the same. In India, e-Invoicing will be rolled out from 1st Oct 2020, as one of the anti-tax evasion measures for taxpayers who are having a turnover above Rs 500 crores in a financial year. Similar to the rollout of GST, where the taxpayers have to change the business process for effective implementation, the rollout of e-Invoice also involves changes in the business process, and the book covers the same. It also talks about the implementation in some of the countries, along with the benefits of e-Invoice to the taxpayers and the nation as a whole. The book provides a unique combination, as it talks about the provisions of the e-Invoice and the impact on the business and interpretation of provisions related to the same and also the API architecture and schema of Invoice Reference Number. The books also explains the reader on what is an e-Invoice? What is IRN? How it is generated? What is QR code in e-Invoicing etc., The book also discusses the implementation process the corporates have to adopt for the rollout and also various methods of implementing the e-Invoice in organizations. It also talks about the best methods of implementing the same, along with validations to be incorporated in the system. e-Invoice the Encyclopedia for Indian GST covers all the aspects of the e-Invoicing from the functional, technical and legal aspects.