Corrections

The data contained in the summary declarations must be rectified when errors have occurred or changes have occurred due to the modification of the tax base of the VAT. The rectification shall be included in the summary statement for the period in which the recipient of the goods was notified.

Such corrections will be recorded on the “Corrections of prior periods” sheet, using the keys mentioned in the previous section , “A”, “E”, “T”, “S”, “I”, “M”, “H”, “R”, “D” or “C”, depending on the type of operation affected by the correction.

The purpose of the corrections section of Form 349 is to enable the taxpayer to correct operations included in a previous declaration when errors have been made or changes have occurred as a result of the circumstances referred to in Article 80 of the Value Added Tax Law.

The way in which the rectifications section will be completed will be different depending on the error or alteration that you want to correct:

• The amount.

• « NIF community operator», «Surname and first name or company name of the intra-community operator» or «Operation code».

1. Correct only the amount

When the only thing that is required is to rectify the amount of the tax base because it was declared for an incorrect amount or an alteration has occurred due to the circumstances referred to in article 80 of the Value Added Tax Law, a single record will be completed.

The rectification record will be completed with respect to the fields “NIF of the community operator”, “Surname and name or company name of the intra-community operator” and “Operation code” with the same data as those entered in the record that is now to be rectified.

The fiscal year and period to which the declaration being corrected corresponds must be entered in the "Fiscal Year" and "Period" fields.

The new total amount of the Tax Base will be entered in the “Rectified tax base” field.

In the field "Previously declared tax base" the amount declared in the declaration being corrected will be entered.

2. Correct "Operator's NIF", "Operator's surname and name or company name" or "Operation code"

When the field to be corrected is the "NIF of the community operator", "Surname and name or company name of the intra-community operator", or "Operation code", it will be necessary to complete two correction records.

The first rectification record will be completed, with respect to the fields mentioned above, with the same data as those entered in the record that is now to be rectified. In the "Fiscal Year" and "Period" fields, the fiscal year and period to which the declaration being corrected corresponds. Regarding the field "Rectified tax base" zero will be entered. As for the field "Previously declared tax base" the amount declared in the declaration being corrected will be recorded.

The second correction record will be completed with respect to the fields “NIF of the community operator”, “Surname and name or company name of the intra-community operator” and “Operation code” with the corrected data of the errors or alterations that you wish to report. In the "Fiscal Year" and "Period" fields, enter the fiscal year and period to which the declaration being corrected corresponds. Regarding the “Rectified tax base” field, the total amount of the Tax Base will be recorded. As for the “Previously declared tax base” zero will be recorded.