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V2888-18 ·8 November 2018 ·consulta-vinculante Medium impact
Tax

VAT taxable base may be reduced for bad debts if specific requirements are met

A company has enquired whether it can adjust its VAT taxable base following an unpaid sale and the issuance of a credit note prior to legal action. The DGT has ruled that reducing the taxable base is permissible, provided that the criteria for bad debts are satisfied and the established legal procedure is followed.

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2018-11-08PublishedPublished 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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