- The implementation of the “Israel Invoices” VAT reform has been postponed until May 5, 2024
- The reform aims to address the issue of fictitious invoices causing damage to the state treasury
- Dealers will be required to obtain a number from the Tax Authority for invoices over NIS 25,000 without VAT
- VAT-registered dealers are exempt from obtaining a number for certain transactions
- The Tax Authority will assign a number to every applicant starting in 2024
- There are two ways to request an allocation number from the Tax Authority: through accounting software or by connecting directly to the Tax Authority system.
Source: herzoglaw.co.il
Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.
