VATupdate

Chile DTE e-invoice – Global pioneer in electronic invoicing now being copied around the world

Chile’s Servicio de Impuestos (SII) tax authority introduced its VAT electronic invoice regime in 2001, and mandated it for most taxpayers from March 2018. DTE (Documentos Tributarios Electrónicos) covers a total of ten various XML-format fiscal documents required for goods and services. SII provides these with unique identification codes to help track them with suppliers and customers.

SII also now produces draft VAT returns from reported invoices.

Source vatcalc

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