Below you will find a summary of what, who, how and when these measures affect .
What does it affect?
To the declaration of the fees accrued as a result of the modification of the closing rule in the IGIC (location of certain services provided) by submitting a supplementary settlement.
Who does it affect?
To taxpayers of the Canary Islands General Indirect Tax who have accrued IGIC quotas as a result of this modification, regardless of whether their period of presentation of liquidations is monthly, quarterly or even occasional.
How does it affect?
The procedure to be followed in these cases is regulated in a complementary manner:
If periodic IGIC settlements have been submitted during 2021 , in addition to the corresponding complementary settlement of the affected periodic settlement, they must be submitted by 05/02/2022:
Substitute for model 425 (2021).
In the case of those who are covered by the SII , they must college and universities email list request ATC in writing to modify the transaction volume data of the settlement corresponding to the last period in those cases in which the taxpayer does not have to submit a complementary form for the last period of model 417.
New submission of form 415 (2021) if it has not been submitted or a supplementary one with only the additional data, in the event that, due to the fact of changing from non-taxable to taxable, it exceeds the amount of 3,005.06 Euros.
This affects both the service provider and the recipient.
If no occasional settlements have been submitted in 2021 because all operations were covered by the closing rule for not being subject to it, they will have to submit as a result of the change until 05/02/2022:
Census declaration reporting this new tax situation (periodic settlements must be submitted).
They are now required to submit monthly (417) or quarterly (420) self-assessments.
They must also submit form 425 (2021) if the settlements submitted are monthly.
New presentation of model 415 (2021), due to the fact that it went from not subject to tax, exceeds the amount of 3,005.06 Euros.
This affects both the service provider and the recipient.
When does it affect?
Effective 03/25/2022
In short, the aim is to establish what formal obligations arise from the presentation of supplementary settlements as a result of the modification of the closing rule for certain services provided.
