Brazil reaches the mark of 5 billion Electronic Invoices issued


Another milestone in the fight against tax evasion was reached in August. The National Meeting of State Tax Coordinators and Administrators (ENCAT) celebrated, in São Luís, MA, the issuance of 5 billion electronic invoices (NF-e).

For Eudaldo Almeida, general coordinator of ENCAT, "the electronic invoice represents the most modern and revolutionary in the tax administration of Brazil, with a positive impact on the activities and management of companies".

The electronic invoice (NF-e) reached in 2011 the mark of 1,9 billion of emissions and, in the accumulated, it reached 5,167 billion, with more than 800 thousand issuing companies, according to data from the Federal Revenue.

“We have two moments in the tax administration of Brazilian states: before and after the electronic invoice. It is undoubtedly a milestone in the implementation of positive changes, contributing to the improvement of the tax authorities and to the reduction of the Brazil cost ”, concludes Almeida.

On the 9th, during the III International Seminar on Tax Administration of Brazilian States (Siate), in Mato Grosso, an act was held in celebration of the mark reached, with the symbolic delivery of a trophy by Eudaldo Almeida to the executive secretary of the Inter-American Center of Tax Administrations (CIAT), Márcio Verdi.

The NF-e Project is an initiative of the Federal Revenue in partnership with the State Finance Departments, organized in ENCAT, companies and voluntary entities. It integrates the Public Digital Bookkeeping System (Sped), a project with investments foreseen in the Federal Government's Growth Acceleration Program (PAC 2007-2010).