Hot air balloon rides cannot benefit from the reduced VAT provided for the “transportation of passengers and their luggage” (10%) because they do not have this consideration. This is what the Supreme Court dictated in a recent ruling that rejected the appeal filed by a balloon flight organizing company to obtain a lower tax rate on its prices.
Source Elpais
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
