Introduction

All operations carried out by a taxpayer must be recorded noted in the corresponding specific Registration Books of the VAT, said taxpayer must present a single self-assessment in each comprehensive settlement period for all of its activities, regardless of their taxation regime and the place where they are carried out.

The period of time covered by each self-assessment is called the settlement period, which may be monthly or quarterly.

In general, the settlement period is quarterly. It will be monthly for taxpayers registered in the monthly refund register, large companies, those applying the special regime of the group of entities, the holders of tax deposits of gasoline, diesel or biofuels included in the objective scope of the Hydrocarbons Tax and the entrepreneurs or professionals who extract these products from the tax deposits.

Public Administrations, those taxpayers assigned to the Central Delegation of Large Taxpayers or to any of the Large Business Management Units, taxpayers whose settlement period coincides with the calendar month, and entities that have the legal form of a public limited company or limited liability company, are required to submit electronically via the Internet using a recognized electronic certificate.

For the purposes of this tax, the taxpayers have the status of Large Companies

1. Those whose volume of operations, calculated in accordance with the provisions of the VAT Law, would have exceeded 6,010,121.04 euros during the immediately preceding calendar year.

2. Those who have made the acquisition of all or part of a business or professional asset, when the sum of their volume of operations in the immediately preceding calendar year and the volume of operations that the transferor of said asset had made in the same period through the use of the transferred asset had exceeded 6,010,121.04 euros.

   This provision shall apply from the moment in which the said transfer takes place, with effect from the day following the end of the settlement period during which it took place.

   Example:

   On July 3, year N, company "A" acquired a global set of assets and liabilities constituting a business unit. In year N-1 the volume of operations of entity "A" did not exceed 6,010,121.04 euros. In year N-1, the volume of operations of the acquired business exceeded the amount of 6,010,121.04 euros. ( DGT V1215-19).

   Entity "A" will have a monthly settlement period from October 1 of year N. From this date it will be required to keep the registration books at the electronic headquarters of the AEAT .

These taxpayers are assigned to special Management units, so all their actions related to tax management will be limited to the scope of the Large Business Management Units, the Tax Assistance and Services Unit or the Tax and Customs Control Unit of the Central Delegation of Large Taxpayers.

VAT taxpayers must carry out the determination of the tax debt , by means of self-assessments adjusted to the models approved by the person in charge of the Ministry of Finance, having to pay the tax debt in the place, form and terms that will be explained throughout this chapter.

They are not required to file self-assessments periodic Those taxpayers who exclusively carry out the operations exempt from articles 20 (exemptions in domestic operations) and 26 (exempt intra-community acquisitions) of the VAT Law, except for entities included in the Special Regime for Groups of Entities who must in all cases submit form 322, given the special nature of the tax regime.

In the case of imports of goods, the tax will be settled in the manner provided for by customs legislation for tariff duties. However:

• The collection and payment of import VAT quotas may be carried out through the self-assessment corresponding to the period in which the document showing the settlement made by Customs is received, provided that the importer is a businessperson or professional acting as such and has a monthly settlement period. In order to carry out this deferred payment of VAT on imports, this option must be exercised generally during the month of November prior to the beginning of the calendar year in which it will take effect.

• Business owners or professionals who meet the requirements, do not opt ​​for the application of the special regime provided for in Title IX, Chapter XI, Section 4 of the VAT LawThey may opt for a special method for declaring and paying import VAT when the following requirements are met:

  • That the intrinsic value of the shipment does not exceed 150 euros.

  • That the goods are not subject to special taxes.

  • That the end-use of the shipment or transportation of the goods is the territory of application of the tax.