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An estimated EUR 177 billion in VAT revenues was lost due to non-compliance or non-collection in 2012, a recent report reveals. E-invoicing to help reduce EU VAT Gap losses - report thepaypers.com Ac...
When it comes to having a favorable business environment, few would associate more regulations as being the answer. Increasingly complicated compliance issues often create more red tape, which makes i...
A country or region's economic performance is largely a reflection of how competitive it is with other nations on the world stage. And in Latin America, many countries that comprise it are steadily as...
Bitcoin, a digital currency in place of the more traditional form, is being used more regularly by several firms that operate out of South America, the Latino Post reported. However, because of the t...
Supply chain finance is a method of business transaction that's gained notoriety and popularity among entrepreneurs. There are three core elements to SCF - a supplier, buyer and financial institution....
It's been a year of heightened regulatory scrutiny for Latin American business owners, as laws are now on the books that require entrepreneurs to establish an electronic invoicing system. Thus far, it...
While the U.S. may be seen as the world's hub for all things retail, a recent report suggests that this title may be a better fit for one of several countries in Latin America - if not the region as a...
Let the audits begin. I have always stated that the sole reason for a government to mandate electronic invoicing across the business community is to reduce tax evasion. As in other Latin America cou...
With Chile’s electronic invoicing mandates set to take effect in only a few short months, it is important to understand that your solution selection criteria should include more than just the DTE conn...
It is not all about risk when dealing with Latin America compliance. We still need to remember that there are huge profit potentials in this ever growing region and business will continue to expand. ...
Often in these articles, I describe the business process – but I wanted to look at Latin America E-Invoicing from an audit risk point of view. Often when we look at the issues, our IT teams think abo...