| Uruguay’s Tax Administration provides e-Invoicing update |
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Monday 27th July, 2015 Three years ago Uruguay’s Tax Administration issued Resolution 798/2012, which has opened the door for implementing electronic invoicing. Taxpayers in Uruguay have the option to choose whether or not to use e-invoicing methods. At the same time the Tax Administration made it mandatory for several companies to start issuing electronic invoices. In 2014, the rate of growth for using the new system was 24% and the Tax Administration expects it to increase to 50% this year. These figures would make Uruguay one of the leading countries in electronic invoicing along with Mexico, Brazil and Chile. Last September, the Tax Administration announced its intention to make electronic invoicing mandatory in at least 1,000 more companies during 2015. A further 700 companies from different sectors were individually notified on 1st July 2014 to begin issuing electronic invoices. The Tax Administration has provided a list of responses to frequently asked questions (FAQs) about the electronic invoicing processes on its website. To help assist with the migration process, increase uptake and ease any doubt. |










