Who are retailers? According to article 149 of the Law, to be considered a retailer, you must usually sell furniture or animals without carrying out any type of factory or transformation , only sale. Article 54 of the Regulation describes which operations are not transformation for these purposes, and article 59.2 lists to which sales this regime cannot be applied and, in addition, article 157 of the Law describes the cases in which this will not apply.
Regime even if they are individual retail traders. A second requirement is that they be considered retail merchants in their IAE heading and pay by modules and cannot calculate C Level Executive List the percentage of their clients that are final consumers. If they can calculate the percentage of their final consumer clients, they must have sold, during the previous year, 80% or more of their total sales to final consumers or to Social Security entities.
The volume of operations will be calculated, when it is possible to do so, according to the rules provided for in article 121 of the Law. In summary: the trader with an equivalence surcharge pays more VAT on the invoices of his suppliers but, in return, does not have to settle or pay VAT to the Treasury and is not obliged to keep books or accounting records of his operations (article 61 of the Regulation .