SAF-T is a globally accepted standard for businesses to transmit their accounting data electronically to their countries’ tax authorities. It was initially established by the OECD and uses XML files to relay relevant information. However, the OECD doesn’t mandate a specific file format for SAF-T. Many countries across the globe have implemented their own SAF-T reporting requirements, and Portugal is one of them.
- SAF-T in Portugal
- 1. Is there a difference between SAF-T invoicing and SAF-T accounting?
- 2. Is there a specific date when this regulation will become effective?
- 3. What should the SAF-T report include?
- 4. Is a digital signature required?
- 5. Who is responsible for reporting?
Source: SNI
