Recently, there has been development in Spain in relation to value-added tax (VAT) refunds post-Brexit, and the application of a European Court of Justice case to recent tax court rulings around indemnity payments. The old criteria applied by the General Directorate of Taxes (GDT) and the tax court were based on the ECJ case Société thermale (C-277/05) and, in general terms, it stated that payments received as an indemnity were not subject to VAT because, behind the payments, there was no supply of services/goods.
Source: globalcompliancenews.com
Latest Posts in "Spain"
- New Revision 1.20 of AES Export Declaration Guide Published for Enhanced Customs Communication
- Briefing document & Podcast: E-Invoicing in Spain
- EU Regulation 2025/1728 Amends Origin Proof Procedures, Extends PEM Convention Rules Retroactively
- Spain’s E-Invoicing Mandate Explained: Key Dates, Requirements, and How to Prepare
- Briefing document: Spain’s VeriFactu Verified Billing System