Anti-Fraud Law and VeriFactu: what they are, why they are different and why your business should be aware of them.
The Anti-Fraud Law and the VeriFactu regulation form the new framework regulating how invoices are generated, stored and verified in Spain. Both pursue the same objective - to reduce tax fraud and improve traceability - but they are not the same: the Anti-Fraud Law sets out the general principles and obligations, and VeriFactu (the development of the...