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V0064-23 ·19 January 2023 ·consulta-vinculante Medium impact
Tax

Single minimum quota applies if liquid storage facility constitutes a single premises without physical separations

A bulk liquid storage company requested clarification on how to calculate the floor area of its facilities for the Economic Activities Tax (IAE). The Directorate-General for Taxes (DGT) clarified that if tanks are located within a single enclosure without walls or paths separating them, it is considered a single premises and a single minimum quota applies.

In 6 key points

How it affects those involved

Companies operating large-scale liquid storage facilities may benefit from a lower tax burden if their layout allows for classification as a single premises rather than multiple separate units.

Lifecycle

2023-01-19PublishedPublished 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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