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V0461-19 ·1 March 2019 ·consulta-vinculante Medium impact
Tax

Transfer of a bank branch is not subject to VAT if it constitutes an autonomous economic unit

A query was raised regarding whether the transfer of a bank branch (assets, liabilities, and employees) to a new entity is exempt from VAT. The DGT ruled that the transaction is not subject to VAT if the transferred elements form an autonomous economic unit with its own organisational structure.

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2019-03-01PublishedPublished 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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