Value Added Tax
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