Spain releases the new Version 1.1 of the SII

The Spanish tax administration published yesterday all the technical documentation required for the implementation of version 1.1 of the Immediate Supply of Information system, locally known as SII. This new version 1.1 will be effective July 1, 2018, and is intended to correct several problems that have been spotted during the first seven months of implementation of the SII. The new version also introduces changes intended to facilitate taxpayer compliance. Version 1.1 of the SII is regulated by an order that still has not been formally enacted. For more information, the above mentioned Project of Resolution can be found on the AEAT site.

 

Author

Ramon Frias

Ramon is a Tax Counsel on the Regulatory Analysis team at Sovos. He is licensed to practice law in the Dominican Republic and is a member of the Dominican Bar Association. He has a Certificate Degree from Harvard University as well as a J.D. from the Universidad Autonoma de Santo Domingo. Ramon has written a number of essays about tax administration and has won the first prize in the international essays contest sponsored by the Inter American Center of Tax Administrations (CIAT). Prior to joining Sovos, Ramon worked for more than 10 years in the Department of Revenue of the Dominican Republic where he served as Deputy Director. He is proficient in French and Spanish.
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