05.16.23
VAT reduction for specific goods
Growing inflation across Europe has compelled several EU Member States to adjust their VAT rates. Often, these modifications have targeted everyday basic merchandise to create more affordable goods and services for residents.
Spain had initially introduced some temporary VAT concessions in January 2023 by zero-rating specific food products. The Spanish government has now confirmed that these measures will continue up to 30 June 2023.
Initial forecasts indicate that the fiscal measures Spain is initiating are working as inflation continues to plummet in the country. However, the inflation is still high enough for the Spanish government to continue the temporary zero-rating of specific food products, albeit for a temporary period.
Spain is a compliant territory for Tungsten Network and our e-invoicing solution supports all valid VAT rates in the country.
Browse Spain updates
Reduced VAT extension on food products
- VAT/G(S)ST rate information
Draft Royal Decree publication outlining further B2B e-invoicing arrangements
- Mandate information
VAT reduction for specific goods
- VAT/G(S)ST rate information
The Basque Territory – Gipuzkoa
- Mandate information
Further application of the reverse charge
- Country updates
VAT and indirect tax measures in State Budget 2023
- VAT/G(S)ST rate information
Extension of reverse charge application
- Country updates
Introduction of Plastic Packaging Tax (PPT)
- Other applicable taxes
Documentation for IT billing systems
- Mandate information
Introduction of new website tool
- Country updates
Update on B2B mandatory e-invoicing
- Mandate information
VAT gas reduction
- VAT/G(S)ST rate information
Update on mandatory B2B e-invoicing
- Mandate information
Introduction of the plastic tax
- Other applicable taxes
Delay for certified software usage
- Mandate information
Requirement for certified software
- Mandate information
Extension of reduction for VAT on electricity
- VAT/G(S)ST rate information