New law includes measures transposing DAC 7 into domestic law, changes to concept ”import of goods” and Use & Enjoyment

As from 1 January 2023, certain modifications are introduced to the concepts of “import of goods” and “transactions deemed as imports of goods.”
Under the “use and enjoyment rule,” certain services provided to non-EU recipients are considered subject to Spanish VAT if they are used or exploited in the Spanish territory. With effect from 26 May 2023, Law 13/2023 modifies this rule so that it does not apply to financial, insurance, reinsurance, and capitalization transactions when the service recipient is a company or an individual entrepreneur (i.e., “B2B” transactions).