María Saavedra Delso

In brief ViDA consists of three Pillars: Modernisation of VAT reporting through digital reporting Updated rules for the Platform Economy Single EU VAT Registration (including expansion OSS/IOSS) ViDA has been subject to ongoing negotiations between the Member States since its release. In May 2024, in advance of the 14 May 2024 ECOFIN meeting, the Belgian presidency released a compromise text.

In brief In this article, Philippe Gamito and María Delso consider whether Spanish taxpayers can still rely on the FCE Bank principle. Article first published on Kluwer International Tax Blog on 26 July 2023 and available here. Can Spanish Taxpayers Still Rely on the FCE Bank Principle? Raise your hand if you have any certainty of when recharges of costs between a branch and its head office fall outside the scope of VAT.

In brief The letting of furnished property for short-term accommodation has developed over the last decade. This activity is considered part of letting immovable property and, as such, is theoretically exempt from VAT under Article 135. (l) of the VAT Directive.