Spanish companies lose 1,000 million euros per year due to non-deducted VAT

Spanish companies lose 1,000 million euros per year due to non-deducted VAT

David Puentes, Head of Business Development at Lowendalmasaï, explained at the Forum Business Travel training session 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.