The Israeli Tax Authority (ITA) has released a new version of its documentation on invoicing services. The updated document introduces enhanced services and explains alternative methods to follow in case of a delay after the submission of invoice data.
Israel implemented its Continuous Transaction Control (CTC) clearance mandate in May 2024. Under this new system, the ITA assigns an “allocation number” to invoices, and buyers cannot use invoices received from their suppliers for tax deduction purposes without these allocation numbers. Initially, during the pilot phase, the ITA can only reject submissions based on technical errors. However, once the pilot phase ends (at the end of 2024), the allocation number requests can also be rejected if there is reasonable doubt that the transaction is fictitious.
To align with these legislative changes and improve the overall user experience, the ITA is updating its invoicing services and has published revised documentation.
