- Businesses under the simplified VAT regime must submit an annual declaration by May 3, 2024
- The declaration includes taxes on tourism vehicles if applicable
- The declaration also calculates VAT installments due in July and December 2024
- Businesses must mention and pay taxes on tourism vehicles used for their activities in 2023
- Electric cars are exempt from these taxes
- Individual entrepreneurs may be exempt from these taxes if they meet certain criteria, such as not exceeding a certain amount of state aid received
Source: pkf-arsilon.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.
