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V0129-18 ·25 January 2018 ·consulta-vinculante Medium impact
Tax

The establishment of an administrative concession is subject to ITP, with the tax base determined by the sum of the capitalised fee and the reversion value

A query was raised regarding whether the award of a public transport concession is subject to Transfer Tax (ITP) and how its tax base should be calculated. The DGT has ruled that it is subject to the tax and that the tax base consists of the sum of the capitalised periodic fee and the value of the assets to be reverted.

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2018-01-25PublishedPublished 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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