E-Invoicing In Spain
The Spanish Government Announced The Main Tax News With Decree 596/2016, On December 2.
The National Tax and Customs Administration (NTCA)
The Spanish Tax Agency
- Invoice Reporting (B2G)
- B2B Transactions
OECD’s SAF-T Version 2.0.
The Spanish government has introduced a VAT data reporting system called the Immediate Supply of Information (SII). It changed the previous VAT management system, introducing a new bookkeeping system for VAT. It is based on reporting all billing records digitally and in real-time to the tax authority’s (Agencia tributaria or AEAT) system.
The taxpayer must send billing data from VAT books electronically to the tax authority within four calendar days after the issuance of invoices, either by using web services (based on exchanging XML messages) or if applicable by filling out an online form. The government launched a platform called FACe to submit and track documents. For public entities, it is mandatory and for private entities, there are several criteria as follows;
- Large Businesses (turnover of over 6 million euros)
- VAT Groups
- Taxpayers registered with REDEME (Monthly VAT Return Registry)