IPSI exemptions and reductions
Posted: Mon Jan 20, 2025 5:23 am
General, reduced and increased rates
The general IPSI rates are usually applied to most goods and services sold in Ceuta and Melilla. However, there are reduced rates for certain essential products and basic services, such as food and basic necessities.
On the other hand, the increased rates apply to luxury goods or specific economic activities, such as the sale of rural land or the delivery of real estate. This differentiation in tax rates allows the IPSI to be adapted to the economic realities of both autonomous cities.
Examples of products and services that are taxed at different rates
For example, raw gold supplies and luxury goods imports are often subject to a higher tax rate, while education and health services may benefit from reduced rates or even exemptions.
In addition, technological products such as digital tablets and other electronic devices may have a specific tax rate depending on their use and market value.
There are certain activities and operations that are exempt from list of romania phone number paying IPSI. These exemptions apply to key sectors such as health, education and exports outside the autonomous cities of Ceuta and Melilla. For example, the provision of medical and educational services is usually exempt, reflecting the importance of these sectors for the social well-being and economic development of both cities.
In the case of exports of goods outside Ceuta and Melilla, the IPSI is not applied, which encourages foreign trade and favours local companies seeking to expand into international markets. Likewise, services related to health and education enjoy exemptions that help maintain their accessibility and quality, similar to what happens with VAT in the rest of Spain, although in Ceuta and Melilla IPSI exemptions apply.
These exemptions and reductions are essential to promote the development of strategic sectors in Ceuta and Melilla.
IPSI declaration and payment procedure
The IPSI declaration varies depending on the city where it is applied (Ceuta or Melilla) and the economic activity of the taxpayer. Taxpayers must submit periodic declarations (quarterly or annual) using the forms designated by the local administration.
In Melilla : Form 420 is used for the quarterly declaration.
In Ceuta : various models are required depending on the economic activity and the type of declaration.
When should IPSI be declared?
The tax calendar marks the key dates for filing IPSI returns. The tax is settled quarterly, and the deadline for filing the return is the 20th of the month following the end of the quarter:
The general IPSI rates are usually applied to most goods and services sold in Ceuta and Melilla. However, there are reduced rates for certain essential products and basic services, such as food and basic necessities.
On the other hand, the increased rates apply to luxury goods or specific economic activities, such as the sale of rural land or the delivery of real estate. This differentiation in tax rates allows the IPSI to be adapted to the economic realities of both autonomous cities.
Examples of products and services that are taxed at different rates
For example, raw gold supplies and luxury goods imports are often subject to a higher tax rate, while education and health services may benefit from reduced rates or even exemptions.
In addition, technological products such as digital tablets and other electronic devices may have a specific tax rate depending on their use and market value.
There are certain activities and operations that are exempt from list of romania phone number paying IPSI. These exemptions apply to key sectors such as health, education and exports outside the autonomous cities of Ceuta and Melilla. For example, the provision of medical and educational services is usually exempt, reflecting the importance of these sectors for the social well-being and economic development of both cities.
In the case of exports of goods outside Ceuta and Melilla, the IPSI is not applied, which encourages foreign trade and favours local companies seeking to expand into international markets. Likewise, services related to health and education enjoy exemptions that help maintain their accessibility and quality, similar to what happens with VAT in the rest of Spain, although in Ceuta and Melilla IPSI exemptions apply.
These exemptions and reductions are essential to promote the development of strategic sectors in Ceuta and Melilla.
IPSI declaration and payment procedure
The IPSI declaration varies depending on the city where it is applied (Ceuta or Melilla) and the economic activity of the taxpayer. Taxpayers must submit periodic declarations (quarterly or annual) using the forms designated by the local administration.
In Melilla : Form 420 is used for the quarterly declaration.
In Ceuta : various models are required depending on the economic activity and the type of declaration.
When should IPSI be declared?
The tax calendar marks the key dates for filing IPSI returns. The tax is settled quarterly, and the deadline for filing the return is the 20th of the month following the end of the quarter: