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V1164-21 ·29 April 2021 ·consulta-vinculante Medium impact
Tax

Turnover is determined by the tax accrual, regardless of changes to the taxable base

A company inquired whether a reduction in the taxable base due to bad debts (Art. 80.Three of the VAT Act) affected the calculation of its turnover. The DGT ruled that turnover is calculated based on the moment the tax accrues, regardless of any subsequent rectifications.

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2021-04-29PublishedPublished in the BOE
Official text Based on BOE data (boe.es). Information, not advice.

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This analysis is informational only and does not constitute legal advice or create a client-adviser relationship. BM Consulting.
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