Distance sales are the order of the day. More and more people are buying abroad without having any face-to-face contact with the seller and, due to that demand, entrepreneurs who decide to set up their online stores by expanding their borders are also growing. If sales are made within the European Union, a threshold defined…
The treatment of the deduction on the Value Added Tax (VAT) paid on vehicles can be confusing in certain circumstances. In general, for business activities it is presumed that passenger cars have 50% affectation on the activity, which can be destroyed (theoretically) by means of evidence to the contrary. Presumption of total affection The VAT…
According to article 93 of the Spanish General Tax Law, Value Added Tax taxpayers, whether they are natural or legal person, they have to provide data, reports background and supporting documents to the Tax Agency about intra-community operations. To formalize it, is necessary to present the 349 Form, of which we explain all the details…
The special VAT regime of the cash approach was a measure pursued by self-employed workers and SME’s until it was approved under the Entrepreneurs Law, which entered into force on January 1st, 2014. This lawsuit sought that VAT of the invoices did not have to be entered to the Tax Agency before collection. Below we…
Do you import products from China to Spain or are you thinking of doing it? This involves several taxes that you must take into account before placing any order, as the expense increases and your idea may not be profitable. In particular, the rates of custom duties of the European Union, the VAT of the…
Immediate Provision of Information (SII) is a change in the current VAT management system that will take effect on July 1, 2017. Therefore, from July 1, invoices issued and received with the new Established period (now 8 working days in national territory and in 2018 become 4). With the SII, a new system for keeping…
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