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V0144-23 ·6 February 2023 ·consulta-vinculante Medium impact
Tax

Services provided by a branch to its head office are not subject to VAT if the branch does not assume the economic risk

An entity inquired whether financial intermediation services provided by its branch in Spain to its head office in the United Kingdom were subject to VAT. The DGT responds that if the branch does not assume the economic risk of its activity, it is not an independent taxable person and the operations fall outside the scope of the tax.

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2023-02-06PublishedPublished 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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