Regulatory Analysis
Under the approved amendments, the new compliance deadlines are as follows: 1 January 2027: Mandatory compliance for taxpayers subject to Corporate Income Tax (Impuesto sobre Sociedades) 1 July 2027: Mandatory compliance for all other obligated taxpayers, including self-employed professionals and entrepreneurs subject to Personal Income Tax (IRPF) The deadline of 29 July 2025 for software […]
The Bizkaia Provincial Council (Diputación Foral de Bizkaia) has published Decreto Foral 100/2025 of 13 November, introducing changes to tax compliance obligations including new exemptions from TicketBAI requirements for certain entities. TicketBAI Exemptions for Non-Profits and Exempt Entities Effective 1 January 2026, entities with total or partial Corporate Income Tax exemptions and registered non-profit organisations […]
On 2 December 2025, the Spanish Government announced a further one-year postponement of the VERI*FACTU certified billing system deadlines. The measure was announced by President Pedro Sánchez during a radio interview on RAC1 and subsequently confirmed by Ministry of Finance (Hacienda) sources to press agencies. The postponement forms part of a Royal Decree-Law (Real Decreto-Ley) […]
Today, the Spanish Government published the Ministerial Order HAC/1177/2024 in the Spanish Official Gazette. This Ministerial Order sets out the technical, functional, and content requirements that must be adopted by the electronic systems and programs that support billing processes. The Ministerial Order also standardizes the formats of the billing records, as approved by Royal Decree […]
The Spanish Authorities submitted to the EU Commission a draft Order developing the technical, functional, and content specifications to be adopted by computer or electronic systems and software supporting the invoicing processes of economic operators and professionals, and the standardization of invoicing record formats. This draft Order develops the standards for systems known as SIF […]
Pursuant to Royal Decree-Law 4/2024 of June 26, 2024, the temporary zero VAT rate on basic food items such as bread, flour, milk, cheese, eggs, fruits, vegetables, legumes, tubers, and cereals is extended until September 30, 2024. Olive oil will also be added to the list of basic items subject to the zero VAT rate […]
As announced by the Spanish Ministry of Finance on December 27, 2023, the temporary zero VAT rate on basic food items such as bread, flour, milk, cheese, eggs, fruits, vegetables, legumes, tubers, and cereals has been extended until June 30, 2024. These measures seek to continue making consumer shopping baskets cheaper through the first half […]
The Spanish Tax Office has issued a new order No. HFP/1284/2023 on November 30, 2023, which contains the regulatory approval of a new model 430 “Tax on Insurance Premiums”. In Spain, the Model 430 is used to declare the self-assessed Insurance Premium Tax (IPT) on a monthly basis. The model update aimed to harmonize the […]
The Spanish government is pursuing various routes for digitizing tax controls, including introducing software requirements on the billing system. Back in February 2022, a Draft Royal Decree was published establishing invoicing and billing software requirements to secure Spanish antifraud regulations. This ensures that billing software meet the legal requirements of integrity, conservation, accessibility, legibility, traceability […]
Bizkaia: Postponement of Batuz obligations for SMEs Approved New legislation postponing the Batuz obligation for small and medium-sized companies, micro-enterprises, self-employed workers, small-sized cooperatives or non-profit entities has been approved on November 22, 2023 (Normal Foral 8/2023). The implementation timeline for Batuz obligations affecting large companies hasn’t changed, and such companies are still expected to […]
Pursuant to Decree Law 4/2023, the zero-rate VAT rate that temporarily applied to supplies of face masks and gloves expired on September 30, 2023. The decree can be found here (in Spanish).
The Bizkaia Tax Authority has published information regarding a possible postponement of the Batuz obligation for small and medium-sized companies, micro-enterprises, self-employed workers, small-sized cooperatives, or non-profit entities. A draft law is under discussion for this purpose. As it is still a draft, it needs to be officially published in order to become effective. The […]
Pursuant to Royal Decree-Law 5/2023 of June 28, 2023, the temporary zero VAT rate on basic food items such as bread, flour, milk, cheese, eggs, fruits, vegetables, legumes, tubers, and cereals has been extended until December 31, 2023. Please note that the temporary 4% reduced rate applied to the supply of face masks has not […]
The Spanish Government published a draft version of the Royal Decree that develops article 12 of Law 18/2022, on the creation and growth of companies with the aim of establishing the Spanish system of mandatory B2B electronic invoicing. The regulation will be effective 12 months after its publication on the Spanish official Gazzete (BOE). The […]
The tax authority in Bizkaia published an update for the technical documentation related to Bizkaia SII. The documentation introduces the value “AJ” (Ajuste del Margen de Beneficio) in the ledger of issued invoices for modifications of the tax base and quota for which there is no obligation to issue a rectifying invoice derived from the […]
The Ministry of Economic Affairs and Digital Transformation (Ministerio de Asuntos Económicos y Transformación Digital) has launched a public consultation on the upcoming B2B e-Invoicing mandate to improve the participation of citizens in the procedure of elaboration of norms, prior to its development. This public consultation is carried out through the web portal of the […]
Pursuant to Decree Law 15/2022, the zero-rate VAT rate that temporarily applied to supplies of face masks and gloves in the Canary Islands is extended until June 30, 2023. The decree can be found here (in Spanish).
The Gipuzkoa Tax Authority in the Basque Country announced that The TicketBAI obligation does not exempt taxpayers from complying with SII requirements. However, it is clarified that the data sent by TicketBAI will be understood as filling in the same matching fields that correspond in the SII exclusively with the ledger of invoices issued required for the SII. The remaining […]