Newell Brands

Complying Punctually with Spanish Tax Authorities with SAP ERP

Making life better for hundreds of millions of consumers wherever they live, work, and play is something Newell Brands is passionate about. To achieve that – today and in the future – it has become a leading global consumer products company offering well-known brands that are leaders in their categories. With top talent, market-leading brands, and clear focus on accelerated growth, the company is well positioned for future success. But it must also be able to adapt constantly to comply with local regulations as the world around it changes. An example is the new tax control system the Spanish tax authorities introduced in 2017.

Called “Immediate Supply of Information,” the new regulation required certain taxpayers to provide invoice-related data to the tax agency – electronically and in real time. With the help of the SAP Cloud Platform Integration service and SAP MaxAttention™ services, Newell Brands implemented SAP ERP, option for e-document processing, in time to meet the tight deadline. It now has a solution that enables it to react quickly, flexibly, and in full compliance with local tax authorities.


Explore Related Links

Transparency of tax submissions
Compliance with tax regulations
Electronic transmission of invoices