- The Israeli Tax Authority (ITA) has updated its documentation on invoicing services, introducing enhanced services and explaining alternative methods for handling delays in invoice data submission.
- Israel implemented its Continuous Transaction Control (CTC) clearance mandate in May 2024, requiring the ITA to assign an “allocation number” to invoices for tax deduction purposes.
- During the pilot phase, the ITA can only reject submissions based on technical errors, but after the pilot phase ends in 2024, allocation number requests can also be rejected if there is suspicion of a fictitious transaction.
- To adapt to these changes and enhance user experience, the ITA has updated its invoicing services and published revised documentation.
Source
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- See also
- Join the Linkedin Group on Global E-Invoicing/E-Reporting/SAF-T Developments, click HERE
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