China Overseas Chinese Network, March 9 (Xinhua) According to the report of WeChat official account, the Spanish version of the European Times, the Spanish Ministry of Economic Affairs has initiated the formulation of the "Creation and Development Law" and will implement digital and interconnected invoices through the platform of the Ministry of Finance. This law requires all companies, large and small enterprises, shops and even professionals to have the function of issuing electronic invoices. All computer-based billing procedures must be officially recognized. The program can send the electronic invoice to the tax bureau.
According to reports, the government said that this move will help to "reduce transaction costs and promote commercial transparency by digitizing commercial relations, and also described it as" a key lever that can effectively solve overdue payments in commercial operations ". However, it is also acknowledged that the primary goal of launching electronic invoices is to obtain reliable information about effective payment. The current system cannot obtain this information, but if the electronic invoice of the Ministry of Finance is used, all this information will be obtained.
In addition, the report said that enterprises and individuals who still do not have the function of issuing electronic invoices after two years will be fined 10,000 euros.