Model 347, in February

If during the year 2025 your company carried out transactions with any customer or supplier for an amount exceeding 3, 005. 06 euros in total (VAT included) and is not registered in the Immediate Supply of Information system, during this month of February you must submit the model 347 for that fiscal year. For these purposes, please remember the following:

• You should not include those transactions for which the Tax Office already has information through other declarations. This is the case, for example, with transactions subject to withholding tax.
• Except for the exceptions provided by regulations, transactions in which, even if VAT is not charged, there is an obligation to issue an invoice (as long as they exceed 3, 005. 06 euros) must also be declared.

Do not forget that, in general, the information must be broken down by quarters. Invoices issued are allocated to the quarter in which the transaction took place, while invoices received are allocated to the quarter in which they are received.  

If you are required to submit model 347, you have until March 2nd to do so.