The draft bill on technical requirements for software and informatics systems supporting invoicing and standardization of invoices is presented in Spain. The draft bill makes mandatory specific technical requirements to register transactions under a standardized format, including detailed information on VAT, and also concerning the issuance of invoices. New informatics systems for invoices must allow the real-time reporting of invoices to tax authorities, although this would not be required yet as of 2024. (the bill is expected to enter into force by 24 January 2024). In the following, we unveil the most important requirements.
Source: fiscal-requirements.com
