The AFIP head office in Buenos Aires was the venue for Argentina’s meeting with Mexico and Brazil, held to report on the development and subsequent implementation of an e-invoicing program for international trade. Once again, the meeting highlights how these three countries are leading the way on e-invoicing issues.
The aim of the pilot initiative, with the collaboration of the Federal Revenue Authority of Brazil, the Mexican Tax Administration Service and representatives of the Federal Public Revenue Administration of Argentina, is the creation of an ambitious system for exchanging e-invoicing information between the three administrations, Argentina, Mexico and Brazil. They expect that other member countries of the Inter-American Tax Administrations Center (CIAT) will be able to take part once it is up and running.
For all three administrations, the rollout of e-invoicing has been a great success from the outset. In tax affairs, they are the agencies responsible for managing both taxation and customs areas. And in the case of Argentina, one of the pioneering countries in simplifying taxpayer relations with government and extending the use of IT to streamline processes such as online checking and the formality of the different electronic transactions.
What are the cornerstones of this pilot project to implement an e-invoicing program for international trade? On one hand, a model for the exchange of e-invoices in the international scope, a system schematic of events related to new developments on billing issues and a specific model for international e-invoicing, which they have designated FEI.
The FEI, which will have a central node for interaction, first of all for the three countries involved, where they can check the records of invoices issued, thus avoiding having to consult the other countries one by one, will also have a series of fields common to all e-invoices. These fields will be extracted from the original invoice just as it was issued in the source country, along with the electronic signature of the envelope.
The CIAT will be responsible for carrying out the IT side of the project. Argentina, Mexico and Brazil will have to develop web services in line with the structures agreed in the working sessions due to take place in coming months.