Sovos Latin American Definitive Guide

September 14, 2017 Steve Sprague

What began as an e-invoicing mandate in Brazil just over 10 years ago has significantly transformed the way businesses operate – not just in Latin America, but across the globe. Governments are progressively turning to technology to close tax gaps, crack down on tax evasion and gain visibility into transactions that happen within – and across – their borders.

Since Brazil’s e-invoicing launch, we’ve seen three major trends unfold: 1) the geographic reach of such tax compliance and reporting initiatives has expanded; 2) the breadth of business processes affected has widened, and 3) the pace of compliance has accelerated.

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