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Ticket Bai Spain’s New Invoicing and Tax Compliance System

The three regional tax authorities and the Basque government have embarked on a shared project to fight tax fraud through the implementation of TICKET BAI. This Project revolves around a set of new technical and legal obligations that will directly impact how businesses create invoices.

This initiative intends to establish more control and visibility into companies’ turnover and business activities, particularly those in the B2C sector.

Source Edicom

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