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V1283-20 ·6 May 2020 ·consulta-vinculante Medium impact
Tax

Foundation status as a business depends on whether activities are carried out for consideration

A foundation with no prior activity asks whether a grant received for a professional integration project makes it a taxable person for VAT purposes. The DGT rules that it will not hold business status if services are provided free of charge without consideration, even if grants are received.

In 6 key points

Lifecycle

2020-05-06PublishedPublished 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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