VATupdate

Spain Defers Initial Due Dates for Financial Transactions and Digital Services Tax

The Spanish Tax Agency has issued a release announcing a deferral of the initial deadlines for the new Financial Transactions Tax (FTT) and Digital Services Tax (DST), which both entered into force on 16 January 2020. The deferrals are reportedly being provided to give companies more time to adapt and implement required changes to comply with the newly created taxes.

Source Orbitax

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