During the month of November, for most companies, the related parties transactions report – tax form 232- is due. In this post we explain everything you need to know about this General rules This report […]
Read MoreMany Amazon sellers are finding in their VAT reports two new transactions types called comingling sale and comingling buy. The purpose of this post is to make some clarifty on the VAT on Amazon comingling […]
Read MoreThe use of Xero in Spain is becoming increasingly popular, although it is still far from its use in other countries. Apart from language barriers (Xero is not translated into Spanish), the main issues are […]
Read MoreThe use of Xero Accounting in Spain is scarce. Xero cloud accounting software is truly a beautiful accounting tool for small and medium size companies. However, not many companies use it in Spain for several […]
Read MoreThe procedure to get the VAT refund in Spain varies depending on the place where the tax payer is established. There are different rules for domestic business, EU entrepreneurs or non EU tax payers. The […]
Read MoreGetting a VAT number in Spain for non-EU business, specially for Chinese based companies can be a painful experience. Logic would suggest that the Spanish Tax Office should be happy to release VAT numbers, since […]
Read MoreThe social security calculator in Spain is an excel based calculator which shows the Social Security cost in Spain for the employer and the employee. This calculator is updated as January 1st, 2019. The use […]
Read MoreGoods introduced in Spain from non-EU countries are subject to VAT on the import, together with import duties. If the importer is a taxable person, and to the extent that these goods are going to […]
Read MoreWhen a company makes both taxable and non-taxable transactions, is subject to the so-called proportional deduction of the VAT, whereby the company can only deduct the VAT attributable to taxable transactions. In case of the […]
Read MoreVAT compliance can be a complex issue for online sellers, like Amazon sellers using the Forwarded by Amazon (“FbA”) arrangement. Cross border transactions trigger many complex VAT issues and oblige sellers to be aware of […]
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