Spain Implements Stricter VAT Reporting for Hydrocarbons, New SII Requirements Effective February 2026

Spain will implement new VAT reporting requirements for hydrocarbon transactions starting February 1, 2026.
The last depositor must guarantee VAT payment on fuel removed from tax warehouses, which can be done via advance payment.
The SII electronic VAT system will add a new field to identify invoices where a VAT guarantee has been provided.
Companies must update their tax reporting systems, such as SAP, to comply with these new technical requirements.

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.