Economist defends use of electronic invoice

By ETCO

Source: Correio da Tarde - RN - 12/11/2009

A good business environment and the main condition for a company's economic progress. Who says this is the president of the Brazilian Institute of Ethics in Competition (ETCO), the economist André Franco Montoro, who is in Natal to speak at the 34th edition of the National Meeting of State Tax Coordinators and Administrators (ENCAT). According to him, for entrepreneurs to be successful in their transactions, it is necessary to follow rules. "Competition is fundamental for the economy to move, but the rules need to be followed by everyone," he says.

To make these standards feasible, ETCO has the function of normalizing, supporting and supervising initiatives that improve the business environment. “Our main focus of work is combating several factors that influence the good business environment, in addition to the dynamics of misconduct,” says André Franco.

According to the economist, misconduct such as tax evasion, informality, counterfeiting and adulteration must be combated. "The high tax burden directly influences misconduct." emphasizes André. For him, these factors generate competition imbalances, impair the functioning of the economy and reduce the country's growth potential.

Among the actions proposed by the Institute to minimize misconduct is the effective use of the Electronic Invoice, which according to André Franco Montoro is an instrument of fiscal intelligence that allows auditors to use the data contained in the note efficiently. and faster. “90% of transactions are carried out with Electronic Invoice. As soon as we know how to make better use of the data, we can have more results ”, he emphasizes. The system is being tested in Bahia and after this first stage has passed, it will be expanded throughout the country.

ENCAT


The 34th edition of ENCAT aims to develop and disseminate modern tax management techniques, through the exchange of experiences, solutions and systems, in the areas of collection, inspection, taxation, economic-fiscal and other information of interest to the Tax Administration, in addition to to standardize procedures between the States and the Federal District, aiming at the joint implementation of consensual solutions to the problems common to the federated units.