It is a voluntary VAT arrangement applicable to resellers, characterized by the form of calculation of the tax base.
It admits two modalities of tax base calculation: operation by operation and by global margin.
OPERATION BY OPERATION
In this case, taxpayers can choose, in each operation, between the special regime or the general one.
If they choose the special regime, they calculate the tax base as follows:
If the taxpayer opts for this modality, the tax base is calculated through an inventory, as follows:
If the result is negative, the difference is added to the purchases oft he last period; if the result is positive, it is added to the sales of the last period.
Invoices documenting this kind of deliveries cannot separate the VAT quota, for this is NOT DEDUCTIBLE for the client. If the delivery is destinated to another EU country, the invoice must state that the operation has been taxed in accordance to articles 312 to 315 of the Directive 2006/112/EU.
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