Tax Jobs in Spain

Market context

IVA (Impuesto sobre el Valor Añadido) is a consumption tax levied on most goods and services sold for domestic consumption in Spain. It is a multi-stage tax, meaning it's collected at each step of the supply chain, with businesses able to reclaim IVA paid on inputs.

The standard IVA rate in Spain is 21%, with reduced rates of 10% for certain goods and services (e.g., food, transport, hotels) and 4% for super-reduced items (e.g., basic necessities, medicines). Businesses must register for IVA if their taxable activities exceed certain thresholds or if they engage in intra-community transactions. Filings (Modelo 303 for periodic, Modelo 390 for annual summary) are typically submitted to the Agencia Tributaria (AEAT). Intra-community transactions require specific filings like Modelo 349 (recapitulative statement).

Regulatory timeline

• 2023-01-01Extension of SII (Immediate Supply of Information) to more taxpayersImplemented
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• 2022-12-08Developments in the 'VAT in the Digital Age' (ViDA) initiative at EU level influencing future Spanish IVA rulesProposed
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• 2022-09-29Mandatory e-invoicing for B2B transactions in Spain (gradual implementation pending)Approved (implementation details pending)
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Skills & tools