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Spain Makes Progress on EU Value-Added Tax Update, Stalls on Shell Rule

  • Spain has made progress in brokering agreement on updated value-added tax rules in the EU
  • However, there has been almost no progress on a draft rule on screening for shell companies set up for tax purposes
  • Spain has almost closed an agreement between EU countries on a single VAT registration system

Source: news.bloombergtax.com

Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.

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