The Tax Authority stressed that financiers who are bound by the electronic invoice system and the electronic receipt system must comply with the obligation to issue electronic invoices and electronic receipts in order not to take legal action against them, in accordance with the provisions of the Uniform Tax Procedure Law, because the failure to issue electronic invoices and electronic receipts is a violation of the provisions of the Uniform Tax Procedure Law and requires the imposition of the penalties stipulated in this law, pointing out that the authority will not fail to make every effort to safeguard the rights of the State Treasury.
It indicated that financiers and persons responsible for such transactions must comply with decision No. 232 of 2424 by registering on the online portal of your invoice programme. Your protection and your reward as of July 15, 2024
Funders obligated to substage IV of the electronic receipt system should issue electronic receipts as of July 15, 2424.
Failure to issue electronic invoices and electronic receipts constitutes a violation of the provisions of the Code of Uniform Tax Procedure, which imposes the penalties provided for in the Code.
The financiers of Decision 232 of 2424 should register on the Catalytic Program portal as of July 15, 2424.
