VAT

Legal services

• Tax procedures on data verification and VAT audits
• Arguing appeal before national and EU bodies and courts
• Claims of undue income for VAT paid in excess
• Design and submission of binding rulings related to VAT structures and regimes as well as for tariff classification in order to ascertain the VAT rate
• Established and non-established VAT refunds

Risk management

• Preventive and corrective audits in relation to VAT and Canary Islands VAT (IGIC)
• Diagnosis of compliance for VAT and IGIC
• Identification of risks and key controls for VAT and IGIC
• Design and implementation of control procedures, aligned with both best practices and domestic and international regulations
• Traceability reviews of the documentation and the Immediate VAT system (SII)
• Reconciliation of VAT/IGIC declarations along with their balances
• Analysis of the debt registered; assessment of the different possibilities of recovery and assistance in the procedure

Authorizations

• Granting and maintenance of VAT warehouse
• Granting and maintenance of VAT deferment
• Granting and maintenance of REF Warehouse in the Canary Islands

Analytical and Strategic consulting

• Place of the supply of goods and supply of services for VAT purposes
• Implication for VAT purposes of supply chain sales, of goods and services, in both domestic and international transactions
• Incoterms for VAT purposes
• Permanent Establishments and Logistics Services for VAT purposes: risks and solutions
• Transfer pricing policy and VAT effects
• Special regime for VAT groups
• VAT treatment on leasing/renting, marketing and discounts
• Invoicing and electronic invoicing
• Redesign (optimization) of VAT regimes, exemptions and reductions
• IGIC treatment on diverse transactions and their related obligations