An additional legal disposition is incorporated relating to deferrals and instalments of tax debts by the AEAT (State Tax Administration Agency) which raises the regulatory rank, but does not modify the exempt limit.
The prorate rule (general or special) is an adjustment which consists of calculating the proportion of transactions right to deduct VAT in relation to the total volume of transactions carried out in the year.
All invoices, whether electronic or on paper, in structured or unstructured format, must guarantee their legibility, authenticity and integrity.
On the sale of a property, provided that the transfer value is higher than the acquisition value, the capital gain generated must be declared for non-resident income tax purposes.
It aims to reduce the generation of waste and improve the management of waste that cannot be avoided, developing two new taxes to discourage less favorable management options.
A natural person who invests in cryptocurrencies will have to declare their profits in their income tax return, while a legal entity will have to declare their profits in their corporate income tax return.