Tax Advisory Spain: The month of July brings news to the taxpayer's calendar

This month's taxpayer calendar will have news in the tax field

From B Law & Tax we remind you of the tax obligations corresponding to the month of July 2020. First, there is the presentation of the taxes whose period ends on July 20th.

In the case of Income Tax and Corporation Tax (CT):

  • Withholdings and income on account of income from work, economic activities, prizes and certain capital gains and imputations of income, gains derived from shares and participations of collective investment institutions, rental income from urban real estate, movable capital, authorized persons and account balances.
  • Exercises corresponding to June 2020 for large companies: 111, 115, 117, 123, 124, 126, 128, 216, 230.
  • Second quarter 2020: 111, 115, 117, 123, 124, 126, 128, 136, 210, 216.
  • Income installment payments: Presentation of the second quarter of 2020, with the direct Estimate (130) and the objective Estimate (131).

Regarding Value Added Tax (VAT), the following appointments are included:

  • June 2020: Summary statement of intra-community operations for the year of June 2020 (349).
  • Operations assimilated to imports for the year of June 2020 (380).
  • Second quarter 2020: Self-assessment (303), non-periodic statement-settlement (309), summary statement of intra-community operations (349), self-assessment of telecommunications, broadcasting or television and electronic services (368) and operations assimilated to imports (380).
  • Refund request Equivalence Surcharge and occasional taxpayers (308).
  • Reimbursement of compensation in the special regime for agriculture, livestock and fishing (341).

Taxpayers of this tribute will also have appointments until July 30th:

  • Self-assessment corresponding to the year of June 2020 (303).
  • Individual form of the group of entities: corresponding to June 2020 (322).
  • Aggregate form of the group of entities: corresponding to June 2020 (353).

In the case of the Insurance Premium Tax, the operations corresponding to the June 2020 exercise (430) will be presented. In addition, Special Manufacturing Taxes must be presented:

  • Forms: 561, 562, 563 (Exercises for April 2020 on Large Companies), 548, 566, 581 (Exercises for June 2020).
  • Second quarter 2020: forms 521, 522, 547 and refund requests (506, 507, 508, 524, 572).
  • Declaration of operations by registered recipients, tax representatives and authorized recipients (510).
  • Factories and tax warehouses that have chosen to supply the accounting entries corresponding to the first semester of 2020 through the electronic headquarters of the Tax Agency between July 1st and September 30th, 2020: forms 553, 554, 555, 556, 557, 558 (April 2020 exercise of Large Companies), forms 570, 580 (June 2020 exercise) and activities V1, V2, V7, F1, F2 (553) of the second quarter of 2020.
  • For form 553, in addition, establishments authorized to keep accounting on paper.

On the other hand, there is the Electricity Tax:

  • Form 560 for the year corresponding to June 2020 for large companies.
  • Second quarter 2020: Except large companies (560).

Finally, this period includes the presentation of the installment payment of the second quarter of 2020 on Environmental Taxes (585) and the second quarter of 2020 on the Special Tax on Coal (595).

Another of the tax periods of the month of July will be the taxes to be presented until the 27th of that same month. Again, the Corporation Tax and the Non-Resident Income Tax must be presented. In this case, the taxpayers will be the permanent establishments and entities in attribution of income established abroad with presence in Spanish territory:

  • Annual declaration 2019: Entities whose tax period coincides with the calendar year (200, 206, 220 and 221).
  • Other entities: in the 25 calendar days following the six months after the end of the tax period.

In addition, the annual informative declaration of aid received within the framework of the Canary Islands REF and other State aid will be presented.:

  • Year 2019: Entities whose tax period coincides with the calendar year (282)ño 2019: Entidades cuyo período impositivo coincida con el año natural (282).
  • Other entities: in the 25 calendar days following the six months after the end of the tax period.

Finally, the delivery of taxes for the period ending on July 31st includes various taxes. In the case of the Tax Identification Number:

  • Second quarter 2020: Accounts and operations whose holders have not provided the NIF to credit institutions (195).

Regarding the Tax on Deposits in Credit Institutions:

  • Self-assessment 2019: 411
  • Self-assessment 2020: Payment on account (410).

Finally, the second quarter of 2020 (179) will be presented on the quarterly informative Declaration of the cession of use of housing for tourist purposes.

B Law & Tax
International Tax & Legal Advisors.

 https://www.blaw.es/

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Etiquetas: Taxes, Tax measures, tax advice Spain, Taxpayer calendar, Month of July, expatriate tax adviser