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Transport and Shipping Newsletter - December 2019

Spain - 

What the new marine fuels will be like in 2020

When the new year arrives, ships’ fuel must contain a lower proportion of sulphur, to reduce the environmental footprint of maritime transport.

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DGT analyzes VAT implications of refit & repair for vessels with Union goods status

In refit and repair transactions performed at Spanish shipyards on ships having Union goods status the Spanish VAT standpoint must be taken into account. 

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News Roundup

  • Incoterms 2020: the new terms for the international sale of goods come into effect in January
  • Ports authority to amend Spanish ports legislation
  • Spanish ports to pay corporate income tax starting on January 1, 2020
  • Spanish Markets and Competition Commission submits request for preliminary ruling in relation to stevedores
  • Access and use of modes of transport broadened for persons with disabilities
  • Government approves implementing rules on fishing tourism business

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