Option for deferral of import VAT and condition for large companies: November deadline for exercise

• A company did not have monthly settlement periods in year X
• In the third quarter of year X, the company exceeded 6,010,121.04 euros in operations
• The company will have monthly settlement periods in the following year
• The option for deferring VAT on imports can be exercised in November of year X
• The importer must be a business professional with monthly settlement periods
• The option must be exercised in November before the start of the new year
• If the company does not have monthly settlement periods, it cannot exercise the option for VAT deferral in November of year X

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.

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