TAX NEWS

Leasing operations in the VAT and its qualification as provision of service or supply of goods. Judgment of ECJ of October 4, 2017

Traditionally there has been a problem in relation to leasing operations and their qualification for VAT purposes such as provision of services or delivery of goods, since that qualification will affect to the moment the VAT becomes due and payable, as from the moment of the supply of the goods,…

The profit split method in Transfer Pricing

The intra-group transactions must be valued according to the arm’s length principle, and that is very known. The problem lies on the selection of the appropriate transfer pricing method for each case. Obviously, the selection of the method depends on the type of transaction and the availability of the information…

Is a taxable person who carries out only VAT exempt supplies obliged to keep the VAT Ledger of incoming invoices? Binding tax ruling of June 20th, 2017

With the entry into force of the SII (Immediate Provision of Information) and the new scope of information obligations to be fulfilled by VAT taxpayers, doubts have arisen as to the obligation of a taxable person who only carries out VAT exempt transactions to keep the Incoming and Outgoing VAT…