- New VAT invoice number requirements apply for input tax deductions on invoices over set thresholds, decreasing from 20,000 shekels in 2025 to 5,000 shekels by June 2026.
- Allocation numbers must be obtained through the tax authority’s identification system and web application.
- Directive covers refusal cases, dealer notifications, alternatives, and appeal rights.
- Services are provided for invoice recipients, including verification and data import.
- Special rules apply for real estate, new businesses, and exceptions exist for technological failures.
Source: news.bloombergtax.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.
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