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V0493-15 ·6 February 2015 ·consulta-vinculante Medium impact
Tax

Investment advisory services provided to UCITS or their management companies are VAT exempt

An association has requested clarification on whether investment advisory services provided to Collective Investment Undertakings (CIUs) or their management companies are exempt from VAT. The Directorate General for Taxes (DGT) has ruled that they are, provided they consist of recommendations to buy or sell assets.

In 6 key points

Lifecycle

2015-02-06PublishedPublished 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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