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V0259-24 ·29 February 2024 ·consulta-vinculante Medium impact
Tax

Compensation for the theft of a leased machine is not subject to VAT

A query was raised regarding whether the financial compensation a lessee must pay for the theft of a leased machine is subject to VAT. The DGT ruled that such compensation does not constitute consideration or a supply of goods, and therefore is not a transaction subject to the tax.

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2024-02-29PublishedPublished 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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