VATupdate

Canary Island Budget 2020 (General Indirect Tax) – VAT rate increases effective Jan 1, 2020

Here is a list of changes that took place in the 2020 budget IGIC (Canary Islands General Indirect Tax)

The general tax rate has been increased from 6.5 % to 7 %
The increased rate has been raised to 13.5 % to 15 %

 

Source: globalvatcompliance.com

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