Spain: Notifications for excise taxes required during first few months of 2024
A number of excise taxes are required during the first few months of 2024
A number of excise taxes are required during the first few months of 2024
Certain notifications for a number of excise taxes are required during the first few months of 2024:
- Excise tax on electricity: Owners of establishments benefiting from any of the reductions or exemptions governing the special tax on electricity (IEE) must notify electricity suppliers and the excise duties management office, during the first two months (January and February) of 2024, of the amount of electricity effectively consumed during 2023 that is eligible for an exemption or reduction in the IEE tax base, with a view to enabling the rectification of output tax charges when these differ from the amounts that should have been passed on as output tax.
- Excise tax on hydrocarbons (natural gas): If eligible for any of the reduced rates, end consumers of natural gas must inform their suppliers and the excise duties management office of the percentage of natural gas consumed in 2023, during the first four months (January to April) of 2024.
- Excise tax on coal: If eligible for the reduced rate, end consumers of coal must inform their suppliers (the parties liable for the tax) and the excise duties management office of the percentage of coal consumed in 2023, during the first four months (January to April) of 2024.
Read a December 2023 report [PDF 492 KB] prepared by the KPMG member firm in Spain
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