Skip to content
V0066-25 ·3 February 2025 ·consulta-vinculante Low impact
Tax

The transfer of ownership of vehicles by private individuals to a credit institution is not subject to VAT

The DGT confirms that transfers of vehicles from individuals as payment in lieu of loans are exempt from VAT and are exempt from taxation under the ITPAJD if the buyer is a trader who resells them within a year.

In 6 key points

How it affects those involved

Buyers who resell vehicles received as payment in lieu of loans are exempt from VAT under specific conditions, affecting tax treatment for commercial transactions.

Lifecycle

2025-02-03PublishedPublished in the BOE
Official text Based on BOE data (boe.es). Information, not advice.

Does this provision affect you?

The tax team reviews your specific situation.

Talk to the tax team
This analysis is informational only and does not constitute legal advice or create a client-adviser relationship. BM Consulting.
Email
Contact