The new Economic law, approved by the Asamblea, the last week, have some interesting changes, like this: You know, when you buy something, in a store, you have to receive a FACTURA, a real one, no one funny receipt, well, when the SRI (IRS) do controls and find the store not giving/producing invoices, the SRI can put a fine, before, the top was usd 500.00 based in how severe is the infraction, well, now, the SRI can put a fee of 13.800,00 to that store… https://www.eluniverso.com/noticias/economia/multa-maxima-para-negocios-que-no-entreguen-comprobantes-de-venta-sube-de-500-a-13800-con-reforma-tributaria-nota/?contentclic=leermas&fbclid=IwAR28ArfZsQHXJ2wzhgJZHqWlyEfqjIS3mQr8Ao-M_N-NCyyKm0Yrk36i9BY
This fee applies to companies, stores, big stores, small business, etc. Well, Loja is a pretty different, because we know each other, we pay cash, no request invoices, at least for stores where we are “friends”, but this is going to be very interesting in the rest of the country.