Recently, there has been development in Spain in relation to value-added tax (VAT) refunds post-Brexit, and the application of a European Court of Justice case to recent tax court rulings around indemnity payments.
Scrutiny by tax authorities can only be expected to intensify because of the pandemic’s impacts on the global economy and tax revenues. As companies themselves recover and reassess their affairs post-pandemic, timely resolution of tax disputes is ever-critical. To help you understand tax dispute resolution options available by jurisdiction, the…
Today, the Digital Services Tax Act (“the new tax”) was published in Spain’s Official State Gazette and it will enter into force on 16 January 2021. Under this law, digital services for online advertising, online intermediation and data transfers will be subject to taxation in Spain as of 2021.
Baker McKenzie’s VAT/Indirect Tax Practice presented “Audits and Disputes”, on 9 September 2020. This was the fourth presentation in the International VAT Conference Webinar Series, a global webinar series designed for VAT specialists from all industry sectors that aims to discuss the latest developing trends and hot topics in the VAT/goods and services tax (GST) and customs arena.
Recently, the Spanish Supreme Court published judgments where it analyzed if the amount of the turnover attributable to certain financial transactions should be included in the pro rata denominator as not incidental.
In addition, the Directorate of Taxes issued a ruling that analyzes the VAT consequences of the rent write-off made by the lessor during the COVID-19 pandemic and a ruling that analyzes the VAT treatment of the services rendered by a social network considering that the consideration received is the user’s data.