BackOn October 28th, 2024, Order HAC7/1177/2024, dated October 17th, was published, which develops article 29.2.j) of General Tax Act, in relation to the Computerized Invoicing Systems for entrepreneurs and professionals, in compliance with the provisions of the third final provision of Royal Decree 1007/2003, dated December 5th, 2003.
With the publication of this Ministerial Order, the computation of the nine-month period during which manufacturers and marketers of invoicing systems must offer for sale products that comply with the requirements established by the regulations begins. This period does not prevent the marketing of adapted systems from starting earlier, since manufacturers and developers have been duly informed about the technical annexes of the Order during the whole process of its elaboration.
The main objectives of this regulation are:
– Strengthen the obligation to issue invoices in all transactions carried out by entrepreneurs and professionals.
– Ensure that all transactions are securely recorded in the computer system, so that they are unalterable, accessible and structured in a standard format that facilitates the legibility of the records, their automated analysis and simultaneous remission to the Spanish Tax Authorities.
– To make it easier to comply with tax obligations, following the model of other countries where the obligation to submit data prior, immediately or after the transactions have been implemented.
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