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V0917-20 ·16 April 2020 ·consulta-vinculante Medium impact
Tax

Contributions from a foreign co-producer are not subject to VAT as they do not constitute consideration for a transaction

A film production company has enquired whether monetary contributions from a foreign co-producer for the making of a film are subject to VAT. The DGT has ruled that these contributions do not constitute consideration for a taxable transaction, but rather form part of a joint project.

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Lifecycle

2020-04-16PublishedPublished 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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