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V0206-21 ·9 February 2021 ·consulta-vinculante Medium impact
Tax

Payments for minimum profitability guarantees in hotel management are subject to VAT

A company owning a hotel has queried whether payments received from a management company to guarantee a minimum level of profitability are subject to VAT. The DGT has determined that such amounts constitute consideration for the transfer of exploitation rights and must be taxed at the standard rate.

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2021-02-09PublishedPublished 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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