21 May 2020
Covid-19 is disrupting business across the world and requiring tax authorities to implement rules and reliefs to support businesses through this period. At RSM, we are pulling our global indirect tax resources together to create a single source of information, support and thought leadership.
The Spanish government has implemented tax measures which will have an impact on VAT, meaning businesses must assume that the actions taken will be based on VAT deferment measures related to the submission of VAT returns, before the Spanish Tax Authorities and performance of payments, in favour of the Public Treasury.
Furthermore, businesses will also have an extension on deadlines for the submission of any documents related to limited VAT audits or relevant from a tax perspective.