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V0527-24 ·9 April 2024 ·consulta-vinculante Medium impact
Tax

Import of an aircraft owned by a commercial entity is not exempt from VAT due to change of residence

An individual moving their residence to Spain has enquired whether the importation of a private aircraft, owned by a US company of which they are a partner, is subject to or exempt from VAT. The DGT has determined that the transaction is subject to tax and that the exemption for personal effects does not apply because ownership does not belong to the individual concerned.

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2024-04-09PublishedPublished 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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