The TAX AUTHORITIES are getting serious: Fines will be imposed for failure to comply with the deadlines of the SII system

On 30 December 2017, Royal Decree 1072/2017 was published in the Official State Gazette (BOE), of 29 December, amending the tax penalty system general regulations, including the fines to be imposed on companies participating in the new real-time VAT management system (Immediate Supply of Information, SII) who fail to comply with the deadlines established for…