The Tax Authority is investigating extending the requirement to use digital media for invoicing for small taxpayers.
The Superintendency of Tax Administration (SAT) said the matter is under review and that bill will have to be drawn up.
Currently only large and medium taxpayers are required by law to use digital invoices.
Adela Mena, from the consulting firm Docutec, a company authorized to "provide electronic billing services, said:" It is expected that by the end of 2013 small taxpayers will be included. "
Before the end of 2012 the largest contributors are required to issue electronic invoices according to the disposition of the Guatemalan Tax Administration.
The obligation extends to companies that emit more than 1 million invoices per year. Gradually those with between 1501 and 3,000 a year will be incorporated . The process ends in March 2013 with the addition of issuers of between 0 and 500 invoices per year.
In four months, all special taxpayers will be obliged to issue electronic invoices.
The “special taxpayers” group includes some 2.000 medium and large companies which account for 75% of the country's tax revenue.
“This allows companies to save costs related to paper and storage space. The tax authority (SAT), must authorize them to conduct electronic billing”, reported Prensa Libre.
The issuing of electronic receipts is now possible with the authorization of the agencies that will be in charge of its implementation.
Julio Villeda, superintendent of the Tax Bureau, commented that only one company, Guatefacturas, has completed the authorization process. However there are more that are in process and five of them could possibly be certified within a month and a half.
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