News published in INFORMA 2017

News published in INFORMA throughout January and February

Period in which invoices issued to replace or exchange simplified invoices must be entered.

Obligation to include simplified invoices in the record book of invoices received, even if they do not meet certain requirements for exercising the right to the deduction.

The activity of renting dwellings or parts of dwellings for periods of time, without providing any services typical of the hotel industry and merely placing the dwelling at the disposal of the lessee, who uses it exclusively as a dwelling, is exempt from VAT.It is not mentioned as a requirement for exemption that the flat has a licence of first occupation.

A new subchapter has been introduced in the chapter 'Taxpayer obligations', regarding the Immediate Supply of Information (hereinafter, 'SII'):references 139047 to 139065

According to the TEAC's doctrine, the rental of a dwelling will be exempt from VAT in those cases in which, being the lessee a legal entity, in a concrete and specific manner, the lease contract itself already states the person or persons who are the ultimate users of the property.

The DGT modifies its criterion and points out that the services provided by lawyers and solicitors in the legal aid system are subject to and not exempt from VAT, and VAT must be charged on the invoice at at the general tax rate of 21%.

The reference has been adapted to the new doctrine of the TEAC in relation to the exemption when leasing residences to a corporate person, identified as the user of the residence on the contract.

When to enter the invoice in the record book of invoices received if it was issued in a period different to the one in which the recipient received it.

When to enter the invoice if it was issued in a period that came after its accrual.

The leasing of a rural property to end consumers who use it exclusively as a residence is subject to and exempt from the tax, provided the lessor is not obliged to provide complementary services as part of the hotel industry.It is not specified that the residence needs to have a licence of first occupation as a requirement for the exemption.

Tax rate applicable to prescription glasses, lenses and frames