Fiscal subject related
If we consider the main fiscalization regulation, Royal Decree 1007/2023 of December 5, which approves the Regulation that establishes the requirements to be adopted by computer or electronic systems and programs that support the invoicing processes of entrepreneurs and professionals, it is indicated that "the taxpayers referred to in Article 3.1 of said Regulation must have operational computer systems adapted to the characteristics and requirements established in the aforementioned regulation and in its implementing regulations before July 1, 2025." We can see that, in accordance with the named regulations, July 2025 is the deadline for taxpayers to be in compliance with fiscalization.
However, for software producers, the regulation states that in relation to their activities of production and marketing of computer systems, they must offer their products fully adapted to the regulation within a maximum period of nine months from the entry into force of the ministerial order referred to in the third final provision of this Royal Decree. The Ministerial Order referred to has not yet been published, so the nine-month period has not yet begun. Also, there is no information on when the act will be published, but it is expected in the coming weeks, so stay tuned with us.
Other news from Spain
B2B e-invoicing approved in Spain
![Spain](https://www.fiscal-requirements.com/storage/images/countries/xPJrUQnwV9bNpboKkdiWMnhnSU8eMeXw5g9rOygQ.png)
The Ministry of Economic Affairs and Digital Transformation of Spain has received approval from the European Commission for the new draft of the electronic invoicing regulation, which builds upon the Law on the Creation and Growth of Companies. The Law Crea y Crece introduces the mandatory use of electronic invoicing among entrepreneurs and professionals. When and if the B2B invoicing will become... Read more
![News](https://www.fiscal-requirements.com/storage/images/news/news-placeholder.png)
EU to protect domestic e-commerce sellers with a cross-border tax reform
As online shopping continues to grow, the European Union is planning to implement new regulations to protect local e-commerce sellers. One significant change affects consumers who shop on international platforms like Temu or AliExpress. The EU has already taken some steps at the first sign of growing foreign e-commerce sellers, and since July 1, 2021, all goods entering the EU, regardless of their... Read more
![News](https://www.fiscal-requirements.com/storage/images/news/news-placeholder.png)
Indirect tax on Canary Islands—how is it regulated?
![Spain](https://www.fiscal-requirements.com/storage/images/countries/xPJrUQnwV9bNpboKkdiWMnhnSU8eMeXw5g9rOygQ.png)
The Canary Islands' unique tax system, known as IGIC (Impuesto General Indirecto Canario), serves as the region's version of Spain's VAT. Established in January 1993, IGIC is a general indirect tax applied to consumption within the Canary Islands, including its territorial sea and airspace. While it functions similarly to mainland Spain's VAT, IGIC operates under a distinct set of rules and tax ra... Read more
![News](https://www.fiscal-requirements.com/storage/images/news/news-placeholder.png)
EU VAT Validation Tool
One way to validate VAT numbers in the EU is the VAT Information Exchange System (VIES), which is a crucial tool for businesses operating within the European Union. Owned by the European Commission, VIES is a search engine that retrieves data from national VAT databases to verify VAT numbers. Here’s a detailed look at how VIES works and its significance. How VIES Works When a search is made usi... Read more
![News](https://www.fiscal-requirements.com/storage/images/news/news-placeholder.png)
New updates regarding Spain VERI*FACTU system
![Spain](https://www.fiscal-requirements.com/storage/images/countries/xPJrUQnwV9bNpboKkdiWMnhnSU8eMeXw5g9rOygQ.png)
The Spanish Tax Authority (AEAT) has recently submitted a draft Ministerial Order to the EU Commission, detailing the technical, functional, and content specifications for computerized billing systems (SIFs) known as Verifactu. This move is part of the implementation of Royal Decree 1007/2023, which introduces fiscalization in Spain and requires taxpayers to adapt their SIFs by July 1, 2025. The E... Read more
![News](https://www.fiscal-requirements.com/storage/images/news/news-placeholder.png)
The latest VAT rate update in Spain
![Spain](https://www.fiscal-requirements.com/storage/images/countries/xPJrUQnwV9bNpboKkdiWMnhnSU8eMeXw5g9rOygQ.png)
In a significant move to support consumers, the government has announced an extension of the zero VAT rate on essential food items. The Royal Decree-Law 4/2024, dated June 26, 2024, confirms that basic foodstuffs such as bread, flour, milk, cheese, eggs, fruits, vegetables, legumes, tubers, and cereals will continue to enjoy a VAT exemption until September 30, 2024. In addition to these items, oli... Read more
![News](https://www.fiscal-requirements.com/storage/images/news/news-placeholder.png)