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Brussels takes Spain to European Court of Justice for failing to update national law to comply with tax regulations
17 Articles
17 Articles
The European Commission announced this Wednesday that it will take Spain to the Court of Justice of the European Union (CJEU) for failing to transpose the European directive allowing the exemption of SMEs and self-employed from VAT on the basis of a certain threshold of invoicing. In a communiqué released this morning, the Community executive calls for sanctions to be applied to Spain for not adapting this legislation, a requirement that has bee…
Spain, the only EU country that does not exempt small self-employed people from VAT, should have done so from 1 January 2025.
The European Commission will ask the Court of Justice of the European Union (CJEU) for a fine against Spain in the application for failure to adopt in time a directive that would allow Spanish SMEs to apply a VAT exemption when operating in other Member States and another rule that updates the rules of this tax for certain digital services, second-hand goods and works of art.Continue reading...
Our country is the only one that has not transposed the directive, which would exempt those who enter less than EUR 85,000 annually from the tax.
This European directive concerns the setting of an annual invoicing threshold of up to EUR 85,000, below which the self-employed and SMEs would be exempt from passing on, liquidating and declaring VAT, in exchange for refraining from deducting VAT from their expenditure.
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