VATupdate

Share this post on

Operation “Fuel” targets VAT fraud in hydrocarbon sector at 400 gas stations in 14 regions.

  • Tax Agency conducting operation “Fuel” to gather information on VAT fraud in hydrocarbon sector
  • Officials visiting over 400 gas stations in 14 Autonomous Communities
  • Gas stations selling fuel at abnormally low prices targeted
  • Requesting supplier data, supply prices, and warning gas stations of potential liabilities
  • Prohibition on purchasing fuel from other retailers enforced by Hydrocarbons Law
  • Aim to prevent VAT fraud, unfair competition, and artificial price reduction in sector
  • Previous operations have shown effectiveness in combating non-compliance and fraud in difficult to verify areas

Source: sede.agenciatributaria.gob.es

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.

Sponsors:

VAT news

Advertisements: