During the month of February, the Annual Declaration of Transactions with Third Parties, Form 347, must be presented, in which the transactions carried out with third parties in 2018 have been recorded when their joint amount has exceeded 3,005.06 Euros (VAT included).
The Annual Declaration of Transactions with Third Parties must detail the information on a quarterly basis and must also report negative amounts with an absolute value greater than 3,005.06 euros.
In the following pdf link you will find the main aspects of the Annual Declaration of Operations with Third Parties, Model 347, corresponding to operations carried out in 2018.
Although it was already applicable in the previous year, we would like to remind you of the exemption from filing the aforementioned declaration of those obliged to keep the books through the electronic headquarters of the AEAT, that is, those entities that submit the books through the Immediate Information System (SII).
Also excluded from the obligation to declare are those transactions that have been recorded in other specific information declarations.
Finally, it should be noted that although the deadline for presentation in January had been changed, by Order HAC/1148/2018, of 18 October, the obligation to present the declaration during the month of February was maintained.
We trust that these lines – which are informative and do not constitute an exhaustive analysis of the casuistry of this declaration – will be of use to you, while we reiterate our availability to you for any clarification or additional information that you may consider of interest.