Colombia
Updated e-invoicing obligations
We predicted in our last post that Columbia’s new government would initiate a number of fiscal-related reforms in the country. It is now evident that the new government is acting decisively in respect of e-invoicing practices in the country.
In March 2023, the government issued Decree 442, which introduced some changes to the country’s e-invoicing regulations.
These updates can be summarised below:
- A requirement that e-commerce platforms provide services allowing users to issue and deliver e-invoices
- Extending the scope of the e-invoicing system to include all electronic tax-related documents
- The introduction of a new definition of electronic equivalent document
- Specific modifications to the electronic supporting document with respect to transactions with taxpayers not required to issue invoices