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V1273-24 ·31 May 2024 ·consulta-vinculante Medium impact
Tax

Excemption from excise duty requires vessel to be registered in the name of the company conducting the rental activity

An association inquired whether a company engaged in financial leasing could apply for an excise duty exemption if it sub-leases vessels to a rental company. The DGT ruled that the exemption is not applicable if the registration remains in the name of the lessor, as the latter does not meet the requirements for rental activity.

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2024-05-31PublishedPublished 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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