Skip to content
Back to index
V2012-17 26 July 2017 · SG de Impuestos sobre el Consumo Criterion in force
IVA · régimen simplificado

Simplified VAT scheme applicable to livestock product processing activities

A livestock farmer who processes their own cattle for commercial purposes has enquired whether they can adopt the simplified special VAT scheme. The DGT confirms that their activity of processing animal products is included within this scheme.

The question raised

In the event of applying said special simplified regime:

The DGT's ruling

The activity of processing, preparation, or manufacturing of natural animal products is subject to the simplified VAT regime. For the calculation of the tax due on current operations, the market value of the natural products used in the process must be multiplied by the corresponding index. From this amount, the tax paid on goods and services, other than fixed assets intended for the activity, may be deducted.

Book your free first meeting