- Spain will implement a new VAT guarantee regime for fuel withdrawals from VAT warehouses starting February 2026.
- The last depositor must secure VAT (at 110% of the due amount) via a bank guarantee or advance payment before fuel can be released.
- Warehouse keepers face increased compliance responsibilities and may be jointly liable for VAT if procedures are not followed.
- A Trusted Operator Register exempts large, financially sound operators from the guarantee requirement, but access is highly restricted.
- The changes aim to strengthen VAT controls and reduce fraud, requiring international fuel traders and energy groups to review compliance and cash-flow arrangements.
Source: marosavat.com
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.
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