Honduras Implements Digital Invoice
As a measure to control tax evasion, the Revenue Executive Department will implement the use of electronic billing.
Friday, January 28, 2011
Officials of the Department of Revenue will report on the implementation and which companies will be required to sell under this system.
A new billing system is in effect and all registered companies are required to provide receipts using the new documentation required by the Executive Directorate of Revenue.
On February 14 a pilot project will start that will connect six previously selected major companies to a digital billing system that will be operated by the Treasury.
The new system proposed by the government will include all professionals who create invoices and not only those who work freelance, as had been mentioned in the current project so far.
In light of the failure of the first draft of the tax reform, the Government has announced more taxes, the end of exemptions on luxury goods and tax on remitted abroad.
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