Spain
Further application of the reverse charge
Spain has further widened the scope of goods subject to the reverse charge, in addition to our update last month, which cited specific goods now subject to the reverse charge in the country. As previously stated, the reverse charge shifts the onus of paying VAT on the buyer rather than the seller and consequently, regulates the flow of VAT to governments and is therefore an effective mechanism to guard against tax evasion.
Gold, mobile phones, games consoles, laptops and computer tablets are now also subject to the reverse charge in Spain.
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