Spain reduces VAT rate to 4% on e-books and other e-publications.
The Spanish Official Gazette recently announced that the Spanish Parliament agreed to implement measures to reduce the VAT rate on e-books and other e-publications. This is from the current standard rate of 21% to a new reduced rate of 4%. The measures take effect from 23 April 2020.
This move follows that of many other EU Member States following changes to the VAT Directive in 2018. The directive permitted members to harmonise their rates of VAT for both e-Books, printed books and publications.
If you are affected by this changes and require further information, please contact one of our VAT experts.