- The deadline for submitting the IVA 2025 model for 2024 is July 29.
- Declarations sent within 90 days after the deadline are valid but subject to reduced penalties.
- Late submission penalties include a reduced fine for omitted declarations without tax debt and a percentage of unpaid tax.
- Declarations submitted after July 29, 2025, are considered omitted but can still be used for tax collection.
- Omitted declarations may lead to an inductive assessment and notifications can be sent up to seven years later.
- There is disagreement on the validity of claiming a refund for credit in an omitted declaration.
- A penalty of 120 percent of the due VAT is applied for omitted declarations, with a minimum of 250 euros.
- If the omitted declaration is submitted before formal notice of audits, a triple penalty on unpaid tax is applied.
- If no tax is due, a minimum penalty of 250 euros is applied.
- For operations where VAT is not due, penalties range from 250 to 2,000 euros, or 150 to 1,000 euros if submitted before formal notice of audits.
Source: eutekne.info
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.
