The VAT PACKAGE arrives on January 1st

Are you ready for the change?

If your business renders services to or receives services from other EU countries it will be affected by the new Spanish legislation which implements the Directives that make up the “VAT Package”.

All EU countries will have adopted the new system by 1 January 2010.

Failure to adapt to the new regulations could entail a need to rectify invoices already issued, problems recovering incorrectly paid VAT, the obligation to pay in unpaid VAT plus the relevant interest and even the imposition of fines.

In conclusion, consuming resources unnecessarily and incurring additional costs.

Consult our leaflet to find out the key elements of the new legislation and the advisory services developed by our team of indirect taxation experts.

• Leaflet VAT Package (PDF, 306 Kb)

Of further interés

The VAT is facing its biggest change since 1991. New VAT 2010: SOCIMI, "VAT package" and the Budget Law (Spanish)