- The SII issued Circular No. 19 to clarify changes introduced by Law No. 21,713 to the Tax Code, notably the addition of Article 92 ter, which permits cash transactions for purchases and sales exceeding 135 UF (approximately 5,500 USD) as long as the payer’s identity is recorded on the invoice or e-receipt.
- This new measure became effective on January 1, 2025, enhancing compliance and transparency in higher-value cash transactions.
- The technical documentation for e-receipts (B2C) has been updated to include new fields for capturing the buyer’s name and identification data, ensuring proper documentation for transactions meeting the cash payment criteria.
Source Sovos
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