The official text for this page is the Spanish version. You will not be able to see the whole text in your language until its automatic translation is fully validated. In any case, should you have any doubts concerning the precision of the information translated in this site, please check the official Spanish version.

Skip to main content

Regulatory developments 2021

Skip information index

Royal Decree 366/2021 of 25 May developing the procedure for filing and paying Tax on Financial Transactions self-assessments and modifying other tax regulations

On 26 May 2021, the BOE published Royal Decree 366/2021 of 25 May 2021 amending Article 66.2.B) in its first final provision of the Regulation on Value Added Tax on the registration of certain intra-EU operations in relation to consignment sales.

New data in included:

-For the seller:

The date on which the replacement of the business person or professional to whom the goods were initially destined takes place (Art.66.2.B) a) 5º).

-For the business person or professional for whom the goods are intended and those that replace them:

- In addition to the description and quantity, the value of the goods that are removed from the warehouse by the seller and are no longer at their disposal (Art.66.2.B.b) 5º).

- In addition to the description and quantity, the value of the goods destroyed or missing from the warehouse (Art.66.2.B.b) 6º).

On the other hand, the deadline for registration of these operations is established, which will be before the 16th day of the month following the date of arrival of the goods at the warehouse, the date on which they are made available to the purchaser or the date of the operation to be registered (replacement, destruction, loss or theft).

Royal Decree 366/2021 of 25 May developing the procedure for filing and paying Tax on Financial Transactions self-assessments and modifying other tax regulations