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An entity that publishes financial articles and sends stock index buy/sell alerts to premium subscribers seeks clarification on its correct classification. The DGT determines that the entity must register under headings for magazine publishing and financial services, and that the alert service is subject to 21% VAT as it constitutes investment advice.
Entities providing financial information and alerts must ensure correct tax classification under the IAE and apply the standard VAT rate for investment advisory services.
The tax team reviews your specific situation.
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