Skip to content
V0834-18 ·26 March 2018 ·consulta-vinculante Medium impact
Tax

Distinction between zero-price energy delivery and service provision in the event of negative prices

An entity acting as an electricity market operator has requested clarification on how to invoice when negative prices occur. The Directorate-General for Taxes (DGT) has ruled that two independent operations take place: the delivery of energy with zero consideration, and the provision of services for the obligation to withdraw energy.

In 6 key points

How it affects those involved

This ruling clarifies the VAT treatment of negative pricing in electricity markets, distinguishing between the supply of goods and the provision of services to manage energy withdrawal.

Lifecycle

2018-03-26PublishedPublished in the BOE
Official text Based on BOE data (boe.es). Information, not advice.

Does this provision affect you?

The tax team reviews your specific situation.

Talk to the tax team
This analysis is informational only and does not constitute legal advice or create a client-adviser relationship. BM Consulting.
Email
Contact