Tagged: VAT

IVA y subvenciones 0

VAT and subsidies

As we have seen on a number of occasions in the past, the VAT treatment given to subsidies has long been a controversial issue. Over recent months, the Catalan tax administration has carried out...


Cash-basis accounting in VAT and other news

With the Entrepreneurs Law, a cash-basis accounting scheme, widely called for by small and medium-sized enterprises was introduced into VAT legislation with effect from 2014, against the backdrop of growing collection difficulties. The scheme...