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V0016-19 ·3 January 2019 ·consulta-vinculante Medium impact
Tax

Banking agent activity may be classified as professional and services are typically VAT exempt

A taxpayer has enquired whether their activity as a banking agent constitutes a business or professional activity and if it is exempt from VAT. The DGT has determined that if the activity is carried out personally without an established organisation, it is classified as a professional activity and its services are generally exempt from VAT.

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Lifecycle

2019-01-03PublishedPublished in the BOE
Official text Based on BOE data (boe.es). Information, not advice.

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This analysis is informational only and does not constitute legal advice or create a client-adviser relationship. BM Consulting.
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