Spanish companies lose 1 billion euros a year in non-deducted VAT, many of which is due to travel expenses.

Spanish companies lose 1 billion euros a year in non-deducted VAT, many of which is due to travel expenses.

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.