What Top-Performing Destinations Are Doing Differently – And Why It Matters
The meetings and events industry has changed dramatically over the last few years. Destinations are no longer judged purely on hotel capacity, conference centres, or...
Good Tax News For Events In Spain
For events that meet these requirements under this new legislation, it will represent potential savings of between 10% and 21% for agencies and end-user clients, according to the service in question.
Thanks Cititavel for this information
To be able to invoice without VAT, an event must be a B2B transaction involving a “complex organizational service”. It must clearly be shown that the event is a unique occasion and, generally speaking, a business event eg. a product launch, conference.
For events that meet these requirements under this new legislation, it will represent potential savings of between 10% and 21% for agencies and end-user clients, according to the service in question.
Thanks Cititavel for this information
New regulations introduced in January 2015 mean that there are more possibilities for Spanish DMCs to invoice their clients without the addition of VAT. The new legislation goes further than the provisions of the Reverse Charge Mechanism by extending the circumstances in which Spanish DMCs are able to invoice without the addition of VAT.
To be able to invoice without VAT, an event must be a B2B transaction involving a “complex organizational service”. It must clearly be shown that the event is a unique occasion and, generally speaking, a business event eg. a product launch, conference.
For events that meet these requirements under this new legislation, it will represent potential savings of between 10% and 21% for agencies and end-user clients, according to the service in question.
Thanks Cititavel for this information
New regulations introduced in January 2015 mean that there are more possibilities for Spanish DMCs to invoice their clients without the addition of VAT. The new legislation goes further than the provisions of the Reverse Charge Mechanism by extending the circumstances in which Spanish DMCs are able to invoice without the addition of VAT.
To be able to invoice without VAT, an event must be a B2B transaction involving a “complex organizational service”. It must clearly be shown that the event is a unique occasion and, generally speaking, a business event eg. a product launch, conference.
For events that meet these requirements under this new legislation, it will represent potential savings of between 10% and 21% for agencies and end-user clients, according to the service in question.
Thanks Cititavel for this information
New regulations introduced in January 2015 mean that there are more possibilities for Spanish DMCs to invoice their clients without the addition of VAT. The new legislation goes further than the provisions of the Reverse Charge Mechanism by extending the circumstances in which Spanish DMCs are able to invoice without the addition of VAT.
To be able to invoice without VAT, an event must be a B2B transaction involving a “complex organizational service”. It must clearly be shown that the event is a unique occasion and, generally speaking, a business event eg. a product launch, conference.
For events that meet these requirements under this new legislation, it will represent potential savings of between 10% and 21% for agencies and end-user clients, according to the service in question.
Thanks Cititavel for this information
