Law 11/2021 against tax fraud

Spanish Law 11/2021, establishes measures to prevent and fight fraud fiscal, with the aim of not allowing the production and possession of software and systems that allow the manipulation of accounting data.

IDynamics products comply with the tax standards required by laws 58/2003 and 11/2021, guaranteeing compliance with the requirements established by section j) of article 29.2 of the General Tax Law.

All of this means that iDynamics products:

• Does not allow parallel accounting of the same activity and exercise.
• Does not hide or modify all or part of the annotations of the transactions carried out.
• Does not allow the modification of registered transactions.
• Guarantees the integrity, legibility, traceability and inalterability of the accounting records already posted in the system.

Note

As of the date of publication of this documentation, no regulatory provisions have been developed that establish the technical specifications to guarantee compliance with the requirements established by section j) of article 29.2 of the Spanish General Tax Law, nor to establish the bases of a possible certification of accounting programs.