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V0691-23 ·22 March 2023 ·consulta-vinculante Medium impact
Tax

VAT taxable base may be reduced for secured debts if definitive uncollectibility is proven

The taxpayer asks whether they can recover VAT on an installation whose sale is secured by a pledge right following the debtor's insolvency. The DGT indicates that while credits secured by real security do not typically allow for the modification of the taxable base, this right may be exercised if it is proven that the security has been cancelled and the debt is definitively uncollectible.

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2023-03-22PublishedPublished 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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