A decade ago, Peru, on the Western Coast of South America, embarked on a journey towards rolling out and adopting electronic tax invoices. The approach was staggered and began by targeting 239 of the largest issuers of invoices in the economy, largely players in manufacturing and mining.
Despite the small number of targeted firms and a 10-month compliance window, the Peruvian tax authority was compelled to extend the deadline twice – first from October 2014 to April 2015 then to August 2015.
