Argentina’s tax authority ARCA has introduced General Resolution 5824/26, expanding mandatory e‑invoicing to new sectors and launching a monthly electronic settlement system effective 1 July 2026. The resolution also provides pre‑filled VAT returns for Simplified Tax Regime taxpayers, with invoicing data automatically populating annual returns. Electronic invoices will be available via ARCA’s “My Receipts” portal and integrated into the Digital VAT Ledger.
Financial institutions, insurance companies, credit card providers, prepaid health plans, and educational institutions will be required to issue electronic invoices.
It allows high‑volume issuers to consolidate multiple transactions with a single customer into one monthly invoice, reducing invoicing volume and administrative costs.
Starting from the next tax period after 1 July 2026, invoicing data will pre‑populate annual returns.
Through ARCA’s “My Receipts” portal and integrated into the Digital VAT Ledger/Simplified VAT system.
Get VAT and indirect tax news delivered to your inbox twice a week.
No spam. Unsubscribe anytime.
Fonoa · about 1 month ago
Argentina has mandated electronic invoicing for all VAT‑registered, simplified regime, and exempt taxpayers since April 1 2019. Invoices must be issued via AFIP’s CAE code, transmitted in XML, and retained for five years. Non‑compliance can lead to 2‑6 day closures, and Fonoa provides integration solutions to meet these requirements.
LinkedIn · 2 days ago
Brazil’s new Technical Notes mandate that invoices and payments be linked under the split payment framework, requiring integration between electronic tax documents (DF‑e) and payment data. The system will be tested from 6 April 2026 and go live on 4 May 2026, with XML and invoicing processes needing updates to include transaction data for automatic withholding of IBS and CBS.
Meyka · 5 days ago
Canada’s federal government fast‑tracked Bill C‑19 on 14 February 2026, adding a one‑time spring top‑up equal to 50 % of the annual GST credit and raising the base credit by 25 % for five years. More than 12 million low‑income Canadians will receive the payment automatically via the CRA, with a family of four eligible for up to C$1,890 in 2026.
Fintua · 6 days ago
Ecuador announced a temporary reduction of the general VAT rate for tourist services from 15% to 8% during the New Year holiday period (1–4 January 2026). The reduced rate applies to a wide range of tourist activities defined under Article 5 of the Tourism Law, including accommodation, food, entertainment, transport, and event services.
Bloomberg Tax · 7 days ago
The Chilean Internal Revenue Service issued Letter No. 285 on Feb. 4, clarifying VAT rules for the special construction company credit (CEEC) and urban housing development. The letter confirms that CEEC can be requested at 32.5% or 16.25% if the development is related to housing, and that construction of social housing under state subsidies is not treated as a general construction contract aimed at housing.
CCBJ · 9 days ago
The article discusses how AI is transforming tax compliance, moving from insight to execution in regulated workflows. It highlights the scale of U.S. sales and use tax obligations across 19,000 jurisdictions and the potential for AI to cut routine reporting work by up to 65%. The piece emphasizes that tax professionals will retain final accountability while focusing on advisory roles.
