VATupdate

Share this post on

Spanish VAT Rate in 2023: All You Need to Know

  • This guide provides information on Spanish VAT rates, which range from 21% to 4%, with certain goods and services exempt.
  • Businesses operating in Spain must adhere to comprehensive regulations set by the Spanish Tax Agency or face legal repercussions.
  • Non-EU residents visiting Spain are eligible for VAT refunds on purchases made during their stay.
  • The Spanish government has implemented three different VAT rates: standard, reduced, and super-reduced, depending on the necessity and social impact of the goods and services.
  • The standard VAT rate in Spain is 21%, while certain goods and services enjoy a reduced VAT rate of 10%. The super-reduced VAT rate, the lowest of the three, stands at 4%. Certain products and services are exempt from VAT altogether.
  • Foreign businesses planning to operate in Spain must first register for a VAT number with the Spanish Tax Office.
  • Non-EU residents visiting Spain can claim VAT refunds on purchases made during their stay.

Source Taxually

Sponsors:

VAT news
VAT news

Advertisements:

  • VATupdate.com