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V2364-14 10 September 2014 · SG de Impuestos sobre el Consumo Criterion in force
IVA · régimen especial del criterio de caja

Opting out of the cash accounting scheme must be submitted in December to take effect the following year

The inquirer asks whether they can opt out of the special cash accounting scheme they joined in December 2013. The DGT responds that the opt-out must be communicated in December to become effective during the following calendar year.

The question raised

Possibility of waiving the indicated regime.

The DGT's ruling

The waiver of the special cash basis regime must be carried out by means of a census declaration in the month of December preceding the year in which it is to take effect. Once the option for this regime has been accepted, the waiver shall have a minimum validity of three years.

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