Base Details
Key | Value |
---|---|
Tax Country Code | ES |
Currency | EUR |
Base Time Zone | Europe/Madrid |
Tax Categories
Code | Name | Title |
---|---|---|
VAT | VAT | Value Added Tax |
IGIC | IGIC | Canary Island General Indirect Tax |
IPSI | IPSI | Production, Services, and Import Tax |
IRPF | IRPF | Personal income tax. |
VAT Rates
Known in Spanish as “Impuesto sobre el Valor Añadido” (IVA), is a consumption tax applied to the purchase of goods and services. It’s a tax on the value added at each stage of production or distribution. Spain, as a member of the European Union, follows the EU’s VAT Directive, but with specific rates and exemptions tailored to its local needs.Rate | Keys | Name | Percents | Description |
---|---|---|---|---|
general | standard | Standard Rate | 21.0% | |
general+eqs | standard | Standard Rate + Equivalence Surcharge | 21.0% (+5.2%) | |
reduced | standard | Reduced Rate | 10.0% | |
reduced+eqs | standard | Reduced Rate + Equivalence Surcharge | 10.0% (+1.4%) | |
super-reduced | standard | Super-Reduced Rate | 4.0% | |
super-reduced+eqs | standard | Super-Reduced Rate + Equivalence Surcharge | 4.0% (+0.5%) |
IGIC Rates
Rate | Keys | Name | Percents | Description |
---|---|---|---|---|
general | standard | General Rate | 7.0% | |
reduced | standard | Reduced Rate | 3.0% |
IRPF Rates
Rate | Keys | Name | Percents | Description |
---|---|---|---|---|
pro | Professional Rate | 15.0% | ||
pro-start | Professional Starting Rate | 7.0% | ||
capital | Rental or Interest Capital | 19.0% | ||
modules | Modules Rate | 1.0% |
Correction Definitions
Auto-generation of corrective invoices or credit and debit notes is supported.Invoice Types
The types of invoices that can be created with a preceding definition:-
credit-note
-
corrective
-
debit-note