On 24 December 2022, the general state budget law for 2023 (Law 31/2022, available in Spanish only) was published in the Spanish official gazette, amending the “effective use or enjoyment rule” for VAT purposes, contained in Law 37/1992 (the VAT Law). The modifications significantly reduce the application of the use and enjoyment rule with regards to most business-to-business (B2B) transactions.
Source Deloitte
Latest Posts in "Spain"
- Spanish Businesses Face E-Invoicing Dilemma: Verifactu or SII Amid EU’s Digital VAT Reform
- Penalties for Late VAT Filing and Payment in Spain: Avoiding Fines and Interest
- Spanish Government Clarifies Regulations on Computerized Invoicing Systems and Pre-Invoicing Document Compliance
- VAT IT eezi webinar – European E-Invoicing Spotlight: Greece, Poland, Croatia & Spain (Nov 27)
- New Revision 1.20 of AES Export Declaration Guide Published for Enhanced Customs Communication
