Start or cessation of activities under the special system

In this section we distinguish between:

1. Beginning: They must liquidate and enter the amount resulting from applying the rates and surcharges in force on the start date to the acquisition value of the stocks, VAT excluded.

   It does not apply if the stock was acquired from a trader subject to the special regime through non-taxable transfer of business assets.

2. Termination due to loss of retailer status: may deduct the fee resulting from applying the rates and surcharges in force on the date of cessation to the acquisition value of the stocks, VAT and surcharges excluded.

3. Termination due to non-subject transfer of business assets to merchants not subject to this regime: The purchaser may deduct the amount resulting from applying the rates in force on the day of the transfer to the market value of the stock.

In these cases, taxpayers must make inventories of their commercial stock with reference to the day prior to the start or end of the business. The presentation of this inventory must be made within 15 days from the start or cessation and can be presented at the Delegation or Administration of the AEAT from the tax domicile or electronically through the procedure enabled in the Electronic Office for the presentation of the inventory of stocks due to the start or cessation of activity subject to special regimes of the VAT.

Income or deductions must be made in the self-assessments of the settlement period in which the application of the regime began or ceased.