On 24 December 2022, the general state budget law for 2023 (Law 31/2022, available in Spanish only) was published in the Spanish official gazette, amending the “effective use or enjoyment rule” for VAT purposes, contained in Law 37/1992 (the VAT Law). The modifications significantly reduce the application of the use and enjoyment rule with regards to most business-to-business (B2B) transactions.
Source Deloitte
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