- The Supreme Court ruling on March 31, 2025, addresses the time limit for modifying the taxable base for uncollectible credits under article 80 of the VAT Law 37/1992.
- The court establishes that the period of one year and three months from the tax accrual to modify the taxable base is consistent with European law.
- This period respects principles such as effectiveness, neutrality, and proportionality as interpreted by European jurisprudence.
- Relevant legal reference is the VAT Law 37/1992.
Source: serviciostelematicosext.hacienda.gob.es
Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.
Latest Posts in "Spain"
- Understanding Spain’s Royal Decree 1007/2023: Digital Billing Records and Fiscalization Compliance
- Restored VAT Rates Boost Spain’s Revenue by €1.67 Billion Amid Strong Economic Growth
- Verifactu: progress in digitalization or new burden for companies?
- Understanding Spain’s Verifactu and SII: New E-Invoicing Rules and Business Obligations from 2026
- Canary Islands Updates IGIC SII Rules: New Reporting Fields Effective October 2025
