The Israel Tax Authority (ITA) has released version 2.0 of its e-Invoicing technical specifications, introducing essential updates for taxpayers to implement by January 1, 2025. The changes emphasize the Continuous Transaction Control (CTC) model, enabling buyers to deduct VAT from cleared invoices. The updated version introduces new lines in the JSON file format, revised validation rules, and new web services to address scenarios where Allocation Numbers are not returned. Two new document types now require Allocation Numbers, and the ITA will enforce stricter compliance checks after the pilot phase ends on January 1, 2025.
Source SNI
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