Definition
A fictitious invoice is an invoice that was issued without a real transaction, or that lists a different transaction from reality.
penalties
- Up to 5 years in prison
- Double tax - double payment of the VAT amount
- Denial of deduction of inputs
- Disqualification of books
Important Note: The information on this website is for general informational purposes only and does not constitute professional tax advice. Consult a qualified tax advisor before making financial decisions.