Start or cessation of activities under the special system

In this section we distinguish between:

1. Start: must settle 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 inventories were acquired from a merchant subject to the special regime through non-subject transfer of business assets.

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

3. Cessation due to non-subject transfer of business assets to merchants not subject to this regime: the acquirer may deduct the fee resulting from applying the rates in force on the day of transfer to the market value of the inventories.

In these cases, taxable persons must make inventories of their commercial stocks with reference to the day prior to the start or cessation. The presentation of this inventory must be made within a period of 15 days from the beginning or cessation and can be presented at the Delegation or Administration of the AEAT of the fiscal domicile or electronically through the procedure enabled at the electronic headquarters for the presentation of the inventory of stocks due to the start or cessation of activity subject to special VAT regimes.

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