Following the provisions settled in Directive 2013/43/EU (quick reaction mechanism against VAT fraud), Spain has implemented two new cases where …
Following the provisions settled in Directive 2013/43/EU (quick reaction mechanism against VAT fraud), Spain has implemented two new cases where the reverse charge mechanism applies.
With this new measure, supplies of mobile phones, videogames consoles, laptops and tablets will be reverse charged in the two following situations:
- When they are made to entrepreneurs qualifying as “resellers”, regardless of the amounts involved; and
- When they made to any entrepreneur (not necessarily a “reseller”) if the amount documented in the same invoice is higher than EUR 10.000 (VAT excluded).
The confirmation of the status of “reseller” must be provided by an official certificate issued by the Spanish Tax Office.
The measure will be in force as of April 1st 2015.
Fernando Matesanz
Spanish VAT Services Asesores
