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SAF-T (Standard Audit File for Tax) is an international standard for the electronic reporting of accounting data from organisations to a national tax authority or external auditors used by tax administrations to gather granular data from businesses either on demand or periodically.
Sovos’ end-to-end, technology-enabled VAT Managed Services can ease your compliance workload and mitigate risk where-ever you operate today, while ensuring you’re ready to handle the VAT requirements in the markets you intend to dominate tomorrow.
Compliance is consequently becoming more complex and intrusive into core financial and physical supply chains. For these reasons, VAT a tax which must be given a much higher position on any finance director’s agenda than before.
Spain is one of the most complex countries within Europe for insurance premium tax compliance. The complexities and challenging means of reporting liabilities only adds to the difficulties for insurers writing policies in the country.