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Canarian companies and VAT on electronic commerce

In line with this news, we must remember the importance for those companies and professionals established in the Canary Islands to ensure correct treatment for the purposes of indirect taxation of the operations they carry out when the recipients of their purchases are final consumers established in the peninsula or the rest of the European Community, given the great impact that the introduction into our legislation, as of July 1, 2021, of the new VAT treatment of electronic commerce had on the distance sales sector.

Source: ivaconsulta.com

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