In Spain, there are several different kinds of taxes that must be paid: one of the most important is value-added tax (VAT). This is a tax that applies to products and also to services, regardless of whether they are offered in Spain or abroad. VAT is classified as anindirect taxand is...
The reverse charge mechanism implies shifting the tax liability from the supplier to the recipient with respect to domestic commercial transactions whose value exceeds a certain threshold.For more information, please read the EU site.My German company is buying in Spain. Can we recover VAT tax ...
EU-wide threshold: Any ecommerce business that sells more than €10,000 to customers in another EU country must apply the destination country’s VAT rate on its invoices. Previously, each country had its own threshold, but the new law has simplified the process by introducing a single thresho...
If you’re travelling to a European country that isnot part of the EU, countries, such as Iceland,Liechtenstein,Norway, orSwitzerland, aren’t bound by the same EU regulations, so their VAT rates can be lower than the EU threshold, and their rates also vary depending on each country. For...
Once a foreign company distance selling in Spain hits the VAT registration threshold of €10,000, they must register for a VAT number with the Spanish tax authorities. The process of becoming VAT registered requires the submission of necessary documents, such as a certificate of business and a ...
Regulations are different from country to country. Businesses may apply for a VAT number at any time. Businesses that meet a minimum threshold of income are obligated to apply for one. Note that many European countries may issue national (non-EU) tax numbers or other tax identification numbers...
Businesses that meet a minimum threshold of income are obligated to apply for one. Note that many European countries may issue national (non-EU) tax numbers or other tax identification numbers. These are not EU VAT numbers and can not be used to reduce the amount of VAT to be paid. How...
THE MODERN STATUS OF THE LEGAL REGULATION OF VAT IN THE FEDERATIVE REPUBLIC OF BRAZIL. ON THE THRESHOLD OF A TAX REFORM In 2012, the Chinese government replaced the existing business sales tax with a Value-added tax for some, but not all, Shanghainese firms. The change was i... D Bach...
For automatic batch submission, documents are transferred to the SII History page in a status of Pending when you post them. Then, when the threshold value is met or exceeded, the documents are submitted in batches. Learn more in the Job batch submission thresholds section. If you don't ...
for companies or individuals selling products of services which fall within the scope of this tax. It is important to point out that, unlike in some countries, businesses supplying goods or services subject to VAT must register from commencement of trade, as there is no lower threshold limit. ...