One-stop shop for Value Added Tax (VAT) in Spain.

02 Mar One-stop shop for Value Added Tax (VAT) in Spain.

The Spanish Council of Ministers adopted a Royal Decree to complete the transposition of Community directives known as ‘VAT package‘ referred to in the new system of ‘one-stop shop’ to enable the return of VAT quotas to European businessmen, announced the Executive in a note. The new system applies to employers established in the peninsula and the Balearic Islands when they supported VAT charges in other EU countries.