Spain – Cash-flow opportunities with monthly VAT refund r | KPMG | GLOBAL.
November 12: Companies can request to be included in Spain’s monthly value added tax (VAT) refund registry so as to be able to claim VAT refunds on a monthly basis—instead of on an annual basis under the general rules of Spain’s VAT regime.
Being included on the monthly VAT refund registry may provide companies with improved cash-flow opportunities.
A request to be included in the monthly VAT refund registry is filed on a voluntary basis, and must be communicated to the Spanish tax authorities by means of filing a “036 form.”
Read a November 2014 report [PDF 177 KB] prepared by the KPMG member firm in Spain: IVA. Request to be included in the Monthly VAT Refund Registry for 2015. Month of November 2014
