On August 30, 2022, the Asamblea Legislativa (El Salvador s parliament) approved Decree 487/2022 and reformed the tax code making electronic invoicing (Documento Tributario Electronico) mandatory.
During the debate, parliamentarians established that this is a crucial step in fighting against tax evasion and creating a fast connection between taxpayers and the tax authority. They also noted that they were inspired by the e-invoicing regimes already in place in Colombia, Argentina, Peru, and Mexico.
Decree 487/2022 has not been published yet in the Gazette. Nonetheless, the Asamblea Legislativa authorized the Ministry of Finance to execute the plans to launch this project and ensure electronic invoicing advances after the decree is published.
Source Fonoa
