Spain to add live B2B e-invoices to existing SII real-time reporting; rollout between 2023 and 2025 The Spanish government’s Council of Ministers has approved on 30 November 2021 a law (‘Crea y Crece‘ Recovery, Transformation and Resilience Plan) mandating electronic invoice issuing and receiving by
Spain has gazetted its resolution to implement its 3% Digital Services Tax. This levies a charge on non-resident digital platforms for their income received in Spain on the sale of digital advertising and user data. VAT Calc’s global VAT and GST on digital services blog keeps a
The latest version of Spanish SII live reporting, v1.1, was implemented for 1 July 2021. This included the following additional information: Quick Fixes The was mainly to accommodate the new EU Four Quick Fixes and additional information required to record goods held as call-off stocks
Spain has extended draft VAT return preparation to all taxpayers from February 2021. The scheme, Pre303, is named after the existing quarterly self-assessment VAT return. Pre303 was introduced in 2020 for any large taxpayer – above €6million turnover. It was populated via the Spanish SII (Immediate
Live transaction reporting since 2017; will be supplemented by e-invoicing from early 2023 Spain introduced its live VAT invoice reporting regime, Suministro Inmediato de Información SII from 1st July 2017. The requires the submission of various sales and purchase invoices, plus cash payments, within four
Currency crisis forces tax rise Spain has become the latest European country to raise its standard Value Added Tax rate in the face of the worsen financial and Euro-currency crises. The rate will rise from 18% to 21% from 1 September 2012. Spain already had
