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V2014-24 ·23 September 2024 ·consulta-vinculante Medium impact
Tax

Obligation to issue invoices for advances and rectify work certification invoices without payment

A builder seeks clarification on how to invoice advances and work certifications during residential construction. The DGT rules that tax accrues at the time advances are collected, and that issuing invoices for subsequent work certifications is improper if no payment is received.

In 6 key points

How it affects those involved

This ruling clarifies the timing of VAT accrual for construction advances and prevents the incorrect issuance of invoices for work certifications that do not involve actual payment.

Lifecycle

2024-09-23PublishedPublished 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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