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V0280-21 ·17 February 2021 ·consulta-vinculante Medium impact
Tax

First supply in a chain sale is VAT exempt if the seller is listed as the exporter

A Spanish company sells fuel to a UK entity under FOB terms for resale to a third party outside the EU. The DGT rules that the first sale is exempt from VAT and the subsequent sale is not subject to the tax.

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2021-02-17PublishedPublished 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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