Spanish VAT Services Asesores, the law firm headed by Fernando Matesanz, has once again entrusted the organisation of the Madrid VAT Forum 2020 a Proa Comunicación. The event, held in the auditorium of the Madrid Press Association, was attended by around 80 tax lawyers.
The Madrid VAT Forum 2020 addressed the recent directives on this tax and those in progress, the consequences of Brexit, the situation of fraud, the future of indirect taxation of e-commerce, holding companies or the requirement of the invoice to deduct input VAT. The meeting also analysed the most recent case law of the Court of Justice of the European Union.
Fernando Matesanz, Managing Director of Spanish VAT Services Asociados, explained during his speech at the meeting that from 1 January 2021 digital platforms that "facilitate" the trade of goods will have to collect VAT from the companies that sell through them and then pay it to the tax authorities. This and the fact that the place of VAT taxation will be the country of destination of the goods will be the main changes brought about by the entry into force of Directive 2017/2455.