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V0761-22 ·7 April 2022 ·consulta-vinculante Medium impact
Tax

Rounding up allowed in dual entity deduction calculation

A local entity carrying out VAT-subject and VAT-exempt activities asks how to calculate its deduction percentage. The DGT clarifies that reasonable and consistent criteria may be used, and that the upward rounding provision for general prorata applies.

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2022-04-07PublishedPublished 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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