Fiscal subject related
The answer is yes, because the B2B e-invoice law applies nationally, covers the entire territory of Spain, and is mandatory for all companies, regardless of where they have their fiscal headquarters. As we have already explained, fiscalization and e-invoicing are two different systems based on different regulations, goals, purposes, and subjective and objective scopes. The result is that companies based in Basque will have to comply with both obligations: TBAI and E-invoice, or, in other words, they will need a TicketBAi solution and another one for E-invoice.
Other news from Spain
Spain introduces VAT rate updates
Spain has introduced new VAT adjustments, with the most significant changes being the end of the temporary zero VAT rate on essential foodstuffs, now taxed at 2% until December 31, 2024, and shifting to 4% from January 1, 2025. Olive oil will benefit from the 4% reduced VAT rate starting January 2025, while seed oils and pasta see a VAT increase from 5% to 7.5%. Additionally, VAT rates for electri... Read more
Postponed implementation of e-invoices in Spain
The Spanish tax authority (AEAT) has delayed the implementation of the B2B e-invoicing mandate to 2027, due to unresolved technical specifications. Large taxpayers with turnover above €8 million will be required to comply 12 months after the final regulations are published, while all other taxpayers will follow in 2028, 24 months after the regulations are published. This phased approach aims to gi... Read more
TicketBAI fiscalization-updates of VAT rates
Starting October 1, 2024, TicketBAI will implement modifications to VAT rates in the provinces of Álava and Gipuzkoa. As a reminder, in the Basque region, the special fiscalization system known as TicketBAI is established years ago, depending on the concrete province. Changes in Gipuzkoa, effective October 1, 2024: Specific products will see the 2% and 7.5% rates included in the 5% rate. The e... Read more
Fiscalization in Spain: the newest Verifactu updates-pre-production environment for developers is opened
At the end of September, the Spanish Tax Agency (AEAT) updated technical documentation on its developer portal. AEAT announced the opening of voluntary submission web services for the Verifactu systems, along with the QR comparison service for both Verifactu and No-Veri*factu systems in the External Testing environment, currently in pre-production Read more
New technical document and updates for VeriFactu fiscalization in Spain
Although the ministerial order that will officially introduce technical details about new fiscalization in Spain has still not been introduced, the tax administration in Spain has published certain updates for technical documentation available on its special developer portal. More precisely, the AEAT has published a new technical document: VERI*FACTU—Technical specifications for the generati... Read more
B2B e-invoicing approved in Spain
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
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