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V0300-20 ·7 February 2020 ·consulta-vinculante Medium impact
Tax

Applicability of the special scheme for used goods to the sale of vehicles previously acquired under said scheme

A vehicle trading and rental company has enquired whether it may apply the special scheme for used goods, works of art, antiques and collectors' items to the sale of vehicles previously acquired under that same scheme. The DGT has ruled that applying said scheme to the sale is possible, although the option to apply the general scheme also remains available.

In 6 key points

How it affects those involved

This ruling clarifies the tax treatment options for businesses dealing in used vehicles, confirming that the special margin scheme can be applied to resale transactions even if the initial acquisition was also subject to the same regime.

Lifecycle

2020-02-07PublishedPublished 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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