Spain: VAT-related elections for 2021 require action in November 2020
Spain: VAT-related elections for 2021 require action
Certain actions or elections regarding value added tax (VAT) need to be made during November 2020 in order to be effective from 1 January 2021.
The deadline is 30 November 2020 for certain VAT actions such as:
- Registration for monthly refunds of VAT
- VAT deferment regime for imports
- Waiver of a requirement for certain electronic records
- Notification as a reseller for VAT purposes
Read a November 2020 report (Spanish) [PDF 148 KB] prepared by the KPMG member firm in Spain
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