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V0758-19 ·3 April 2019 ·consulta-vinculante Medium impact
Tax

Right to VAT deduction if the actual recipient is correctly identified via a credit note

A Canadian company has enquired whether it can deduct VAT on purchases incorrectly invoiced to its Swiss branch instead of its parent company. The Directorate General for Taxes (DGT) ruled that if the parent company is the actual recipient, it may deduct the tax provided that credit notes or new invoices containing the correct details are issued.

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2019-04-03PublishedPublished 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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