Spanish First Vice President and Minister for Economic Affairs, Nadia Calviño, confirmed on 12 June 2023 that the government is extending the reduction in the VAT rates on oil, pasta, and other basic food products. With effect from 1 January 2023, the VAT rate was reduced from 10% to 5% on olive and seed oils and pasta and from 4% to 0% on basic food products including bread, bread flour…
Source: Orbitax
Latest Posts in "Spain"
- Spain’s 2027 E-Invoicing Mandate: Key Requirements and Deadlines for All B2B Businesses
- Spain’s 2027 E-Invoicing Mandate: Key Requirements and Steps for B2B Businesses
- VAT Deemed Included in Contract Price if Not Mentioned and Cannot Be Charged Later, TEAC Rules
- Spanish Tax Authority Rules Against Artificial VAT Deductions in School Property Leasing Case
- Self-Employed Using POS Must Adapt to VERI*FACTU by July 1, 2026, Even for Tickets
