TicketBAI requirements in terms of issuing receipts and invoices have been present for a while now. A large number of taxpayers are already obliged to be in compliance with the TBAI requirements, but that depends on business activities and the subregion of the Basque region. For the vending sales devices, the question arises in the terms: are vending sales devices subject to TicketBAI, or are t... Read more

It is known that there are special invoice reporting obligations, known as SII, present in Spain. Also, TicketBAI obligations are already in force in the Basque region. The question is how these two invoice reporting obligations are connected, and whether one shuts down the other. The Gipuzkoa Tax Authority in the Basque Country announced that the TicketBAI obligation does not exempt taxpayers fro... Read more

Changes in the VAT section have been introduced in Spain. The Spanish government announced a new package of inflation-relief measures. They will reduce the VAT on certain goods. It is important to state that reduced rates will be applied from January 1, 2023, to June 30, 2023. VAT changes occure in: Basic foods (milk, bread, fruit, vegetables, etc.) are reduced from 4% to 0%. Oil and pasta: re... Read more

While we wait for the final text of the draft of the VAT in the Digital Age (ViDA) Directive, we can say that there are some certainties regarding the scope of the Directive, and the proposed scope is, as follows. EU Digital Reporting Requirements (DRR) were introduced for intra-EU transactions; Recapitulative statements have been removed. DRRs are to be mandatory or optional for domestic... Read more

In Spain, some novelties regarding the SII requirements occurred. As a reminder, in 2017, the use of electronic billing tools was introduced, a system that simplifies the declaration of VAT, since taxpayers can electronically send the invoices/receipts generated in the tax period to the Tax Agency. Therefore, the Tax Agency launched a new VAT tax management system—the Immediate Supply of VAT... Read more

The draft VAT in the Digital Age" (ViDA) Directive should have been adopted on November 16, 2022, but unfortunately the adoption was rescheduled for December 7, 2022. More details on what it brings are as follows. While for more specific information we would need the adoption of the text of ViDA, there are some insights it could bring: Digital Reporting Requirements (DRR)—Introduction o... Read more