Author: Steve Sprague

Spain Launches Real-Time Transactional E-Invoice Reporting Standards

Spain Launches Real-Time Transactional E-Invoice Reporting Standards

February 23, 2017, 12:00 pm EDT in Blog, Value-Added Tax

60,000 companies required to implement new e-invoice reporting standard. With recent reports highlighting European Union members’ struggle with uncollected VAT, countries are focusing on initiatives that will reduce fraud and increase tax revenues. Spain, in particular, is taking a page from Latin America’s electronic invoice registration playbook. On December 6, 2016,...