Last September 4th, the Spanish Tax Authorities published the draft to amend the Spanish VAT Returns Form 303 (adopted by Spanish Order EHA/3786/2008 of December 29th), Form 322 and 353 (adopted by Spanish Order EHA/3434/2007 of November 23rd).
Although the draft is subject to public information procedure until next September 25th 2020, in case it is finally adopted, the amendments introduced by it will come into force as from next January 1st 2021, that means that all the Spanish VAT Returns to be submitted as from such date should be prepared and submitted according to this new regulation.
Among others, the draft shows a new design of the Box ‘Identification’ from the Spanish Form 303 and 322 to configure it as a series of statements based on a single box check.
Furthermore, it is proposed to include a new box within Spanish Form 303 identifying those taxpayers who have voluntarily decided to keep their VAT Ledgers through the ISI System (Immediate Supply of Information) and a new box within Spanish Form 353 identifying those taxpayers subject to Basque Country and Navarra legislation.
On the other hand, the draft proposes to include within Box ‘Result’ from Spanish Form 303 and Box ‘Settlement’ from Spanish Form 353 a detailed breakdown of the total VAT quotas to be offset splitting those VAT quotas already offset within the VAT return and those VAT quotas pending to be offset in the next period.
Finally, the wording of the Box 93 ‘Intra-community supplies of goods’ from Spanish Forms 303 and 322 will be changed for ‘Intra-community supplies of goods’, matching with the wording of Box 59 (Form 303) and Box 71 (Form 322).
From Salinas & Partners we highly recommend to all the operators to adapt their tax IT systems to comply with all the new requirements as well as to identify the tax and accounting information implementing by the new regulation so we are at your entire disposal to provide with the proper legal and tax advice.