Spain’s VAT rate remains the same post Budget

Following the recent Budget, there was no change announced to the VAT rate in Spain. The standard rate remains at 18%. There is new guidance on foreign companies’ distributing goods in Spain. A court case in Spain has decided that if a non-resident business also has a separate subsidiary in Spain, it can be deemed… Read More

Increased VAT rate in Portugal

On 1 April 2012 the standard VAT rate in Madeira and Azores was increased to 22% and reduced rates increased to 9% and 12%.

Changes to VAT rates for France

France has announced that it will be increasing its standard VAT rate from 19.6% to 21.2% effective from 1 October 2012. France has also delayed the increase of VAT on books, from 5.5% to 7%, until April 2012.

New requirement for providing proof of shipment for goods from Germany

The German Government has approved changes concerning the requirement for providing proof of shipment on Intra-Community supplies. From 1 January 2012 businesses that move goods from Germany for Intra-EU trade will have to obtain confirmation from their customers of the exact date of the arrival of the goods at the place of destination. The German… Read More