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Data in control and the future of VAT compliance. A Spanish case: Voluntary SII vs homologated invoicing software

  • Tax authorities are using technology to combat tax evasion and erosion.
  • VAT compliance is being automated through the use of technology and standardized data sharing procedures.
  • The European Union is introducing EU standards for real-time reporting and e-invoicing through the ViDA initiative.
  • Spain has implemented regulations for real-time reporting and e-invoicing, including the use of homologated invoicing software.
  • Companies operating in Spain must adapt their invoicing software to comply with the Veri*factu Ordinance or consider voluntary application of the SII.

Source ivaconsulta

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