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V0874-22 ·25 April 2022 ·consulta-vinculante Medium impact
Tax

Restaurant income for a foundation may be exempt from Corporation Tax if it is a complementary activity

A foundation providing hospitality courses has enquired whether operating a restaurant for student training constitutes an exempt complementary activity. The DGT indicates that it could be exempt from Corporation Tax subject to certain limits, though it will be subject to 10% VAT.

In 6 key points

How it affects those involved

This ruling clarifies the tax treatment for non-profit entities operating secondary commercial activities, distinguishing between Corporation Tax exemptions and VAT obligations.

Lifecycle

2022-04-25PublishedPublished 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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