The Executive Branch presented to the Legislative Assembly a bill seeking to strengthen the powers of the Tax Administration to combat tax evasion associated with the use of false electronic receipts and simulated transactions. The initiative arises as a response to fraud schemes detected by the General Directorate of Taxation, in which invoices without supporting evidence of actual transactions are used to improperly reduce the tax burden.<\/p>\n
Among the main proposed measures is the possibility that the Tax Administration will publish, in the public consultation on Hacienda, the names of the natural and legal persons who, through a final administrative act, have been declared as issuers of false receipts. Likewise, the project envisages the disqualification of these persons or companies from issuing electronic receipts for tax purposes for a period of up to five years.<\/p>\n
The initiative also proposes strengthening the sanctioning regime by eliminating certain requirements for imposing fines for the use of false receipts and incorporating a new crime related to the marketing of these documents, which could be punishable by prison sentences of four to eight years.<\/p>\n
The project will continue its legislative process and will have to be discussed by the Legislative Assembly before any approval.<\/p>\n