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V0746-20 ·7 April 2020 ·consulta-vinculante Medium impact
Tax

A joint ownership entity may be liable for VAT if acting in its own name while providing services to its members

A joint ownership entity consisting of solar farm owners has queried whether it can deduct VAT on common expenses. The Directorate-General for Taxes (DGT) has ruled that if the entity acts in its own name to manage common expenses and provides services to its members, it is a taxable person for VAT purposes and must charge the tax on its invoices.

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2020-04-07PublishedPublished 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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