- Rectification of incorrectly charged taxes due to legal increase in tax rates
- No rectification required if not motivated by changes in taxable base
- Exception for legal increase in tax rates, rectification can be done in the month of implementation and the following month
- Business can rectify regardless of recipient’s status as entrepreneur or professional
Source: audiconsultores-etlglobal.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.
Latest Posts in "Spain"
- Spain Sets Timeline for Mandatory Private Sector eInvoicing and VERIFACTU Compliance
- Cargo Manifest Guide v2.11 Released: Updates on EDIFACT, Validations, and RSS Authorization
- Spain TEAC Clarifies Plastic Tax Refunds and VAT Correction for Fraudulent Transactions
- VAT Exemption Code 9022 for Special Regime Operators with Global Guarantee
- VAT IT eezi webinar – European E-Invoicing Spotlight: Greece, Poland, Croatia & Spain (Nov 27)
