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V1280-14 ·13 May 2014 ·consulta-vinculante Medium impact
Tax

VAT exemption remains valid if management functions of collective investment undertakings are delegated

A management company for collective investment undertakings has enquired whether the VAT exemption remains applicable when delegating management functions to a third party. The Directorate-General for Taxes (DGT) has ruled that the exemption applies provided that the entirety of the management function is delegated.

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2014-05-13PublishedPublished 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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