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Israel has finally released technical specifications for their upcoming e-invoicing and CTC mandate

12 July 2023
Israel

According to the latest specifications published by  ITA, the CTC mandate will be implemented based on the net amount of issued invoices according to the following schedule: January 2024- Invoice amount higher than NIS 25.000 (ca. EUR 6.100) before VAT (pilot phase) January 2025 - Invoice amount higher than NIS 20.000 (ca. EUR 4.900) before VAT January 2026 - Invoice amount higher than NIS 15.000 (ca. EUR 3.700) before VAT January 2027 - Invoice amount higher than NIS 10.000 (ca. EUR 2.450) before VAT January 2028 - Invoice amount higher than NIS 5.000 (ca. EUR 1.220) before VAT   Which...