VATupdate
VAT

Excises. Spain introduces the Inmediate Information Supply System (SILICE)

The Tax Agency has implemented a new bookkeeping system for products subject to Excise Duties, in accordance with Article 50 of the Excise Duties Regulation.

As of 1 January 2020, compliance with bookkeeping requirements relating to products subject to Excise Duties, and where relevant the raw materials used in their production, will be carried out via the Tax Agency’s E-Office with the electronic delivery of accounting records.

The Tax Agency’s E-Office has provided special access to facilitate compliance with this requirement, via the SILICIE portal.

Newsitem provided by Pablo Luján Gil of IVAconsulta

 

 

tax