ECONOMY
More than 30 million electronic invoices, issued between December 2021 and April of this year, mark a technological leap within the Tax Administration. The taxpayer saves time and costs in fulfilling his obligations.
The National Tax Service (SIN) has been carrying out the implementation of Online Billing since December 1, 2021 with a first group of more than 48,000 taxpayers of Value Added Tax (VAT). And it hopes to include in this process more than 250,000 taxpayers of the General Regime, who issue an invoice, in a period of three years.
The new invoicing modalities are Online Electronic, Online Computerized and Online Web Portal, while Manual, Prevalued and Computerized (SFV) remain in force.
Among the VAT taxpayers, who have already migrated to an Online Invoicing modality, are taxpayers from the educational, financial, insurance, industrial, food, mining, import, real estate rental, construction sectors, among others.
ADVANTAGE. To facilitate the implementation of the Billing Computer Systems in companies, the Tax Administration ordered through RND No. 102200000005, of March 25, 2022, that this second group of taxpayers can issue Tax Documents simultaneously through the modality assigned Online Billing, as well as through the previously used Computerized SFV or Manual billing modality, until June 30, 2022.
So that as of July 1 of this year, these taxpayers must issue Tax Documents only through the assigned online billing modality, according to RND No. 102100000019, that is, in all their establishments, lines of business and services. .
The Online Invoicing System will bring benefits to the taxpayer, such as saving time in complying with their tax obligations through the Internet, cost reduction, suggested and automatic generation of the Purchase and Sales Registry (RCV).
In addition to the pre-filling of VAT affidavits, the Transaction Tax (IT) and the Complementary Regime to VAT (RC-VAT); avoids the cloning of invoices and errors in the transcription of the information of the Fiscal Documents, among others.
RESULTS. According to the evaluation of the president of the National Tax Service (SIN), Mario Cazón, the collecting entity registered a volume of electronic invoices issued of 30,395,379 for an amount of Bs 112,831.7 million, between December last year and April 2022 .
According to the data presented by the executive, in Computerized Online mode the number of invoices issued reached 39,672 for an amount of Bs 212.8 million; in Online Electronics, to 29,613,244 invoices for Bs 16,544.1 million and in the Web Portal, to 742,463 for Bs 96,074.8 million.
These figures show that the implementation of Online Billing made it easier, during the first four months of 2022, for taxpayers to voluntarily comply with the payment of their taxes, Cazón said.
In addition, he stressed that the tax collection of the Internal Market (MI) grew by 24% in the first quarter of 2022, compared to the same period last year, which is positive.
In other words, between January and April 2021, the Tax Administration collected Bs 11,408.2 million and in the first quarter of 2022 it collected Bs 14,148.1 million, with a positive percentage variation of 24%, which represents Bs 2,739.90 million more for the treasury of the Plurinational State.
“That means that the productive community social economic model is already giving results,” he insisted.
This new billing service allows taxpayers from different regions of the country to save time in complying with their tax obligations, through the use of the Internet, it also enables cost reduction.
It also speeds up the return of 5% VAT through Re-VAT, providing greater security, speed and reduction in errors in issuing invoices, the SIN reported.
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