Spain: Guidance under new mandatory corrective self-assessment procedure for direct and indirect taxes
Traditional self-assessment amendment procedure may be used in certain situations
Traditional self-assessment amendment procedure may be used in certain situations
Royal Decree 117/2024 (dated 31 January 2024) provides guidance under Law 13/2023 (effective 26 May 2023) which introduced a new mandatory corrective self-assessment procedure for taxpayers seeking to amend self-assessments with respect to the following taxes:
- Value added tax (VAT)
- Individual (personal) income tax (IRPF)
- Corporate tax (IS)
- Special taxes (IIEE)
- Greenhouse gas effect fluorinated tax (IGFEI)
Note that the traditional self-assessment amendment procedure may be used when the amendment is based on the violation of a higher legal norm, constitutional, EU law, or an international treaty or agreement.
Read a February 2024 report (Spanish) [PDF 543 KB] prepared by the KPMG member firm in Spain
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