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V0270-22 ·14 February 2022 ·consulta-vinculante Medium impact
Tax

VAT taxable base may be modified via credit notes following debt forgiveness agreements for non-payment

A coworking services company enquired whether it could issue credit notes to reduce the taxable base after reaching debt reduction agreements with defaulting clients. The DGT ruled that this scenario constitutes a modification of the taxable base due to a change in price following the transaction.

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2022-02-14PublishedPublished 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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