- Legal increase of tax rates when the delivering entrepreneur is on cash basis
- Applicable tax rate for each operation will be the one in effect at the time of accrual
- For operations under cash basis, tax will be accrued at the time of total or partial payment
- If no payment has been made, accrual will happen on December 31 of the following year
- Tax rate applied will be the one in effect at the time of operation accrual, regardless of the rate at the invoice issuance date.
Source: audiconsultores-etlglobal.com
Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.
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