- New fiscalization system in Spain known as Verifactu
- Waiting for more technical regulations to determine system more precisely
- 3 major requirements for fiscalization:
- SW systems must generate invoice/receipt record for each issued invoice/receipt
- Option to send records in real-time to Tax Administration
- Ensure compliance with security and control features, adoption of standard data formats
Source: fiscal-requirements.com
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.
Latest Posts in "Spain"
- Spain Opens Temporary SII Exit Window After VERI*FACTU Mandate Delay to 2027
- Express Revocation of VAT Special Regime Renunciation Required; Tacit Revocation Not Permitted
- Spain Postpones Verifactu Ordinance to 2027, Grants Exceptional SII Opt-Out Until January 2026
- Spain Opens Special SII Exit Window After VERI*FACTU Deadline Postponement for Voluntary Participants
- Draft Law to Implement First Phase of EU’s VAT in the Digital Age (ViDA) Directive













