Although Value Added Tax (VAT) is a neutral tax, businesses often experience difficulties in the application of this neutrality, such as in the case of VAT on bad debts.
Businesses or professionals must be able to recover accrued VAT payments, included in a previous return, for which they are unable to collect the payment from their client.
Spanish regulations establish certain requirements that sometimes make such recovery more complicated, although some of these requirements have been relaxed in recent times. At Baker Tilly we would like to offer our help to all those companies that suffer from this situation, so that they can recover the VAT on the bad debts they currently have.
Please find attached the informative brochure on this procedure and we remain at your disposal for any queries you may have.
Baker Tilly (España) es un miembro independiente de Baker Tilly International. Baker Tilly International Limited es una sociedad inglesa. Baker Tilly International no presta servicios profesionales a sus clientes.
