Voluntary creation of electronic invoices
Electronic invoicing is currently not yet mandatory, but it can be applied voluntarily.
The following requirements must be observed when an invoice is issued electronically:
Since 2020, the Israeli government has been planning to introduce a mandate that will make electronic invoicing mandatory under certain conditions. Since tax evasion is a major issue in Israel, this mandate will serve to combat this problem. Through electronic invoicing, every transaction will be controlled and audited.
The Israeli authorities plan to adapt the Chilean model for the e-invoicing mandate. In this model, documents must be approved by the tax authorities before a transaction between buyer and seller is completed.
Elements of the mandate
The tax authority is in contact with many tax-related institutions so that the implementation of the mandate can take place once a new government is formed.
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