As a result of COVID-19, the Basque Government decided to postpone the entry into force of Ticket BAI until the last quarter of 2020.
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The voluntary implementation french email list period for Ticket BAI is now a reality. The Basque Country's Tax Authorities are already beginning to implement it, progressively, since October. The new system is intended to remotely control any changes that companies may make to their invoices.
It is common, especially in small businesses, to receive cash payments due to the low price of their products. These payments are subject to one or more taxes that are controlled through the receipt document, the invoice . By simply not issuing such an invoice in these cases, it is relatively easy to avoid paying a significant amount of taxes.
Something that the treasuries of many countries have been trying to avoid at all costs for years.
We talked about how the fight against tax fraud is a priority for all tax administrations. The Basque Government is a pioneer at a national level in implementing a Ticket BAI system . Of course, this is also intended to combat the underground economy existing in the territory (around 17% of the regional GDP) and consequently increase the financing of the Public Administration.
Do you know it? Do you know how it works? We will tell you in more detail.
It is a system for controlling the billing and collection of payments for companies and self-employed workers, which requires the software and the taxpayers who use it to comply with a series of legal and technical obligations, so that all the income received can be known.
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