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Budget 2021: Amendment ”Use & Enjoyment” rule, increase VAT on sweetened drinks

The 2021 Budget amends the “use and enjoyment rule” foreseen in the VAT law so that it will no longer apply to services rendered to entrepreneurs established in the Canary Islands, Ceuta and Melilla. In addition, the 2021 Budget will raise the VAT on sweetened drinks from 10% to 21%.

Source DLA Piper

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