What tax forms must I file if I am self-employed and apply IGIC?

Self-employed individuals who apply IGIC must file the following declarations:

• Model 420: Quarterly IGIC declaration. This model reports on the IGIC-subjected transactions carried out each quarter and the tax to be paid or refunded.
• Model 425: Annual declaration that compiles all the operations declared quarterly through Model 420.
• Deadline for submission: It must be submitted before January 31 of the following year.
• Model 415: Annual informative declaration that includes transactions with clients and suppliers exceeding €3,005.06 (taxable base) during the fiscal year, provided the recipient is established in the Canary Islands.
• Who is required to file? Self-employed individuals who carry out IGIC-subjected operations and meet the mentioned limit.
• Deadline for submission: By the last business day of February of the following year.
• Model 347: Annual informative declaration of transactions with third parties exceeding €3,005.06 (taxable base), but for transactions with clients or suppliers located in the Peninsula, Balearic Islands, or other countries.
• Who is required to file? Self-employed individuals who carry out economic transactions with third parties outside of the Canary Islands that exceed the mentioned limit.
• Deadline for submission: By the last business day of February of the following year.