SPANISH VAT (IVA) OF BAD DEBTS: REFUND IN SPITE OF LATE COMMUNICATION TO THE TAX OFFICE

Through its resolution dated 24th November 2016, the Spanish Central Economic-Administrative Tribunal (TEAC) accepted the VAT refund in a case where the tax base of bad debts had been modified and communicated to the Tax Office 18 days after expiry of the legal deadline of one month. The TEAC based their decision on the fact that no influence on the Tax Office’s proper management and control of the tax could be proved.

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