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V1055-15 ·7 April 2015 ·consulta-vinculante Medium impact
Tax

Acquisition of a business including furniture, licences and lease subrogation may be classified as outside the scope of VAT

A taxpayer inquired whether the purchase of a snack shop is subject to VAT. The DGT ruled that, as it includes assets, inventory, and the subrogation of contracts, it constitutes an autonomous economic unit which is not subject to VAT.

In 6 key points

How it affects those involved

This ruling clarifies that the transfer of a business as a whole, including its assets and contractual obligations, qualifies as a non-taxable event for VAT purposes, provided it constitutes an autonomous economic unit.

Lifecycle

2015-04-07PublishedPublished 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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