A final draft of the ,so called, “Ley Crea y Crece Ordinance” (the Ordinance) has been published at the website of the Ministry of Economy, Commerce and Enterprise, for a public allegations period ending the 7th of April 2025. Once the allegation period is over the Ordinance will have to...
Royal Decree 1305/2024, of December 23, approving the Regulation of the penalty procedure for non-compliance with Intrastat obligations has been published on January 29, 2025, and has entered into force on February 1, 2025. As a result of these new rules, the penalties can range between 150...
The Ministerial Order HAC/1177/2024 that develops the technical aspects required for the invoicing software used by companies so they are compliant with Royal Decree 1007/2023, of 5 October (the, so called, Veri*factu Ordinance) has been published in Today Official Gazette (accessible at the...
I. A change of paradigm of the internal VAT management function It is common that multinational companies which operate globally incur VAT reporting obligations in more than one country. When this happen, because of the different reporting parameters and technologies required by each...
Title VII (articles 67 to 83 ) of Law 7/2022, of April 8, on waste and contaminated soil for a circular economy (hereinafter, the Waste Law), published in the Official State Gazette of April 9, 2022, introduces tax measures to encourage the circular economy, including the creation of a special...
On 21 January 2022, the European Commission (EC) launched a public consultation on the new legislative package forming part of its plan “VAT in the Digital Age”, namely: Single VAT registration Digital Reporting Requirements (DRR) and e-invoicing VAT treatment of the platform...
As a co-author, I am proud to announce that the European VAT Handbook 2021/2022 is available with the following contains: ? Detailed essential VAT information in Europe ? 30 countries ? 624 pages Given the profile of the professional that contribute to the book, the topics thar are covered...
The portal of the Spanish Tax Agency (AEAT) has published a new section where all the information about the new VAT regime for electronic commerce is gathered. As has been widely commented in the media, as of July 1, 2021, all member states must have transposed the new special one-stop-shop...
