Spain’s New Intrastat Penalty Regime: Key Changes

Implementation of New Penalty Regulations: Royal Decree 1305/2024, effective February 1, 2025, establishes a new penalty regime for non-compliance with Intrastat reporting obligations, replacing previous rules with updated penalties.
Revised Penalty Structure: Under the new regulations, penalties for failing to comply with Intrastat obligations range from €150 to €6,000 per return, with a potential 50% reduction for early acceptance and payment, compared to the previous range of €60.10 to €30,050.62 and a maximum reduction of 40%.
Consistency with VAT Returns Required: The values declared in Intrastat returns must align with those reported in VAT returns (Form 303) and Recapitulative Statements (Form 349) for intracommunity acquisitions and deliveries of goods, emphasizing the importance of accurate reporting across all tax filings.