Regulatory Analysis

Posted June 20, 2023 by Victor Duarte
Spain: B2B e-invoicing draft regulation published

The Spanish Government published a draft version of the Royal Decree that develops article 12 of Law 18/2022, on the creation and growth of companies with the aim of establishing the Spanish system of mandatory B2B electronic invoicing. The regulation will be effective 12 months after its publication on the Spanish official Gazzete (BOE). The […]

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Posted March 8, 2023 by Victor Duarte
Spain: Public Consultation Related to B2B Mandatory e-Invoicing Launched

The Ministry of Economic Affairs and Digital Transformation (Ministerio de Asuntos Económicos y Transformación Digital) has launched a public consultation on the upcoming B2B e-Invoicing mandate to improve the participation of citizens in the procedure of elaboration of norms, prior to its development. This public consultation is carried out through the web portal of the […]

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Posted September 30, 2022 by Victor Duarte
Spain: Law implementing mandatory B2B e-invoicing was published in the Official Gazette

On September 29, 2022, the law implementing mandatory B2B e-invoicing in Spain was published in the Official Gazette (Boletín Oficial del Estado -BOE-). Therefore, from that date, the Government has 6 months to approve the necessary regulatory framework. More information about this law is in our blog: Spanish Congress Approves Mandatory B2B e-Invoicing 

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Posted September 19, 2022 by Victor Duarte
Spain: Congress Approved Law Adopting Mandatory B2B e-Invoicing

According to this Law, not yet published in the Official Gazette, all entrepreneurs and professionals must issue, send and receive electronic invoices in their business relationships with other businessmen and professionals. Additionally, the recipient and the sender of electronic invoices must provide information on the status of the invoices. The Government will have 6 months […]

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Posted February 23, 2022 by Victor Duarte
Spain: Draft Regulation establishing new invoicing requirements

The Spanish Tax Authority AEAT has published a draft resolution establishing the requirements that must be adopted by computer or electronic systems and programs that support the billing processes of businesses and professionals. According to the draft regulation, taxpayers must have their operational computer systems compliant with the new requirements as of January 1, 2024. […]

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Posted July 19, 2017 by Alex Forbes
SII Reporting to be Adopted in the Basque Region

Organizations operating in the Basque region of Spain will soon be required to comply with SII reporting requirements. As reported in this forum, effective July 1 most companies operating in Spain are now required to transmit information to the Spanish Tax Administration (AEAT) regarding purchase and sale transactions within a few days of invoicing. Today, […]

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Posted June 27, 2017 by Sovos
Spain Issues SII Filing Deadline Calculator

Spain is quickly and steadily marching towards the planned July 1 implementation of the new Supply of Information System (locally known as SII) reporting requirement. Under the law, businesses have four days from the time an invoice is issued or received to notify the Spanish Tax Administration (AEAT) of the transaction. Determining the exact day […]

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Posted June 27, 2017 by Sovos
Final push for Implementing the SII

The Spanish tax administration (AEAT) has released a comprehensive set of files, tools, and documents necessary for the definitive implementation of the Immediate Information Remittance system, locally known as SII Version 1.0. As of June 15, all of the documentation, testing and validation files available to taxpayers and software providers were based on pre-releases used for […]

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Posted June 18, 2017 by Sovos
Spain Takes Final Steps Towards Real Time Reporting Stating July 1

The Spanish Tax Administration (AEAT) recently released a comprehensive set of files, tools, and documents necessary for the full implementation of the Immediate Information Remittance System (SII Version 1.0). As a final test step before actual go-live, AEAT announced that from June 21 through June 29 taxpayers and solution providers may begin submitting SII reports […]

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Posted May 31, 2017 by Lee Pender
Spain Enacts New Mandate Regarding the SII

Spain has issued Ministerial Order HFP/2017, which establishes the technical requirements for the implementation of the Immediate Remittance of Information system, locally known as SII. According to this new order, the effective date of the mandate is July 1, 2017. The order officially describes the information that should be sent to the Spanish tax authorities for […]

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