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The VAT Form 368 for Telecommunications services
Through Form 368 the company must inform the tax authorities of the VAT charged on their telecommunications, radio and television broadcasting or electronically supplied services, even if there has been no activity.
Telework in Spain: the emergency work solution during the Covid-19 crisis
Legislation on telework in Spain is regulated by the Workers’ Statute and offers many advantages as well for companies (working life) as employees (social welfare). Its main aim is to reduce costs in physical infrastructure investments.
When do Tax Offenses prescribe?
A tax offense occurs when the amount defrauded exceeds 120.000€, while if the amount is less, it would only be considered a tax infringement.
How to recover VAT from unpaid invoices?
The non-payment or the delay in the collection of the invoices supposes a very important problem of liquidity for the companies, which choose to try to recover the VAT of the credits that turn out to be failed as an alternative to the current crisis.
Accrual of bonus payments and holidays when on an ERTE due to force majeure in Spain
In a Temporary Employment Regulation Proceeding due to force majeure (ERTE due to force majeure in Spain), an employee’s contract is suspended meaning they do not go to work and the company stops paying them their salary.
Content of the invoices in Spain
In order to be able to deduct the VAT on a simplified invoice, the sender must necessarily indicate the VAT number of the recipient or receptor, the full address, full name and the amount invoiced.
Form 210 in Spain: Tax liabilities of Property Owners (non-residents)
In the current Spanish legislation, there are no regulations different from those applied to Spanish citizens that restrict the purchase of a property by a non-resident or foreign person.
Import operations in Spain
Import operations in Spain: In the event of importing products from third countries, the products must be accompanied by the supplier import invoice, the customs clearance document and the Single Administrative Document (SAD). In economic terms, import is the...
Contribution Account in Spain: Obtaining Social Security Contribution Account Codes Online
The objectives of the General Social Security Treasury include the roll-out of new technologies for the purpose of performing day-to-day activities. The Electronic Signature and P@assword must be used both by companies and natural persons. The only way to complete...
Form 347 in Spain: Statement of operations with third parties
Form 347 in Spain is an annual informative statement which lists all operations with customers and/or suppliers, provided that the total amount of the operations exceeds the annual amount of € 3,005.06 (including VAT). The statement of operations with third parties is...