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V0026-14 13 January 2014 · SG de Impuestos sobre el Consumo Criterion in force
IVA · base imponible

A corrective invoice must be issued to reflect a price increase in an exempt transaction

A company sought guidance on how to document a price increase for the sale of real estate holdings exempt from VAT, provided certain conditions were met. The DGT ruled that any change in price requires the taxable base to be adjusted through a corrective invoice.

The question raised

Method of documenting the variation in the amount of consideration.

The DGT's ruling

When the price of a transaction is altered after its effect, the tax base must be modified. To reflect the increase in consideration, the taxable person must issue a corrective invoice containing the data of the original invoice. This invoice may directly indicate the amount of the correction or the final amount indicating the rectified amount.

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