The implementation of the SII entails the entry into force of a penalty regime for failure to comply with deadlines or the obligation to transmit information.
Any delay in the obligation to keep the Registration Books through the AEAT Electronic Office using the SII will be sanctioned with a philippines mobile number list fine proportional to 0.5% of the amount of the invoice subject to registration; with a quarterly minimum of 300 euros and a maximum of 6,000 euros.
However, Rufino de la Rosa , Director of the Tax Agency's Management Department, conveyed a reassuring message at the 1st Meeting of Digital Advisors held in Madrid on May 11:
“The SII is not a project with a sanctioning purpose. We are aware that there will be difficulties with the deadlines at the beginning, but as information is provided, even if there are delays, we do not contemplate sanctions this year.”
You can watch the full interview with Rufino de la Rosa by clicking here .
How will the launch of the SII affect consultancies?
The implementation of the SII system will place greater demands on consultancies in many aspects of their work: