Sentence of 23 April 2019 from the Spanish Supreme Court questions the second parragraph of article 79. One of the Spanish VAT Law to be according to the VAT Directive when introduces a minimum limit to the taxable base consisting in the good production cost or the cost of the rendering of the service for the case that the consideration is in kind and the value that is attributed to the same by unrelated parties is lower. The arguments of the Court are grounded on the Sentence from the European ...

The Spanish Tax Management State Agency (AEAT) is mailing companies so to inform them about the implications of a no deal Brexit in the areas of Customs, VAT and Excises. Although of a general nature, the letter sent includes references to different web addresses where further information can be found, basically: The AEAT’s special site dedicated to the consequences of the Brexit and the Brexit mail address it has created so taxpayers can file its specific questions on this matter. The site that...

Uncertainty is the word two weeks before the contemplated deadline for the UK leaving the European Union. It must be remembered that since 1st November 2019, the date when the UK's exit will finally take effect, it will become a "third country”, with two possible scenarios: - Acceptance of the conditions contemplated in the withdrawal agreement reached by both parties the 14th November 2017 would imply a transition period which will last until 31 December 2020 during which EU legislation will ap...

La Comisión ha enviado dictámenes motivados a Italia y a Chipre por no recaudar el IVA correspondiente en el alquiler de yates, tal y como filtró Paradise Papers. Estos procedimientos forman parte de los esfuerzos de la Comisión por eliminar las prácticas de evasión de impuestos en la Unión Europea. Las reglas actuales de IVA permiten exenciones tributarias para el alquiler de yates cuando el uso real y de disfrute del producto sea fuera de la Unión Europea. Sin embargo, las reglas no permiten u...

Así se refleja en el informe que publicó el Tribunal de Cuentas Europeo sobre la vulnerabilidad del comercio electrónico en relación a la evasión del IVA y los aranceles aduaneros. La UE tiene un importante desafío por delante: la determinación de las cantidades correctas de IVA y aranceles aduaneros vinculados al comercio electrónico. En concreto, los controles actuales de la UE se quedan cortos para actuar ante el fraude fiscal, detectar situaciones de abuso y recaudar de manera efectiva los i...

On 15 January, the European Commission published a communication which sets out a 4-step plan as to how decision making on tax matters could be modified to take place by way of qualified majority voting. The Commission proposes that the European Council could utilise the passerelle clauses contained in Article 48(7) and Article 192(2) of the Treaty on European Union to produce initiatives indicating the scope of change in the decision-making procedure, and notify National Parliaments. If not opp...