The head of Business Development at Lowendalmasaï, David Puentes, explained in the training session of Forum Business Travel that, according to the Value Added Tax Law, many companies could recover part of the tax if 4 years have not passed since the issuance of the invoices or receipts not deducted.
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Spanish companies could recover about 1,000 million euros a year in VAT on the 50,000 million that the Treasury collected in Spain with this tax in 2011. The figure is an estimate made by the firm specializing in cost optimization Lowendalmasaï, released during a training session of the Forum Business Travel. Read more
The figure is an estimate made by the firm specializing in cost optimization Lowendalmasaï, which has been part of a presentation made yesterday in Madrid to members of Forum Business Travel, during a training session specially dedicated to the recovery of VAT that companies pay especially in extra expenses and travel abroad. Read more
Spanish companies lose 1,000 million euros in non-deducted VAT per year, a large part of it due to their trips abroad and extra expenses, according to an estimate by the specialist firm Lowendalmasaï.
Spanish companies lose 1,000 million euros in non-deducted VAT per year, a large part of it due to their trips abroad and extra expenses, according to an estimate by the specialist firm Lowendalmasaï.
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The head of Business Development of Lowendalmasaï, David Puentes, explained in the training session of Forum Business Travel this Wednesday in Madrid, where the study was presented, that according to the Law of Value Added Tax many companies could recover part of the tax if four years have not elapsed;According to the Value Added Tax Law, many companies will be able to recover part of the tax if four years have not elapsed since the issuance of the invoices or receipts not deducted.
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Spanish companies lose 1,000 million euros in non-deducted VAT per year, a large part of it due to their trips abroad and extra expenses, according to an estimate by the specialist firm Lowendalmasaï.
Spanish companies lose 1,000 million euros in non-deducted VAT per year, a large part of it due to their trips abroad and extra expenses, according to an estimate by the specialist firm Lowendalmasaï.
Read more