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V1042-21 ·21 April 2021 ·consulta-vinculante Medium impact
Tax

Renouncing the advanced group of entities regime requires notification by the dominant entity

The applicant inquired about the technical and formal requirements for renouncing the advanced VAT group of entities regime in favour of the basic regime. The DGT ruled that it is sufficient for the dominant entity to notify the Tax Administration of the renunciation in December.

In 6 key points

How it affects those involved

Companies currently under the advanced VAT group regime must ensure the dominant entity submits the formal notification to the Tax Administration during the month of December to transition to the basic regime.

Lifecycle

2021-04-21PublishedPublished 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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