Tag: taxes

  • Canarian IGIC (VAT) explained

    Canarian IGIC (VAT) explained

    Canary Islands have a special treatment regarding VAT because they are seen as islands far from Europe, so it has been decided that in this region VAT will not be applied. Instead the local tax is called IGIC (Impuesto General Indirecto Canario) and deals with the following products: 0% on water, sanitary products, newspapers, some […]