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V1284-21 ·6 May 2021 ·consulta-vinculante Medium impact
Tax

Insurance in renting contracts may be VAT exempt if treated as an independent service and recharged without margin

A taxpayer has inquired whether the premium for a self-damage insurance policy within a renting contract can be exempt from VAT. The DGT examines whether the insurance constitutes a service independent of the lease and whether its invoicing maintains the exemption.

In 6 key points

How it affects those involved

This ruling clarifies the VAT treatment of insurance components in leasing arrangements, specifically regarding the conditions under which they can be treated as separate, exempt services rather than part of the taxable rental supply.

Lifecycle

2021-05-06PublishedPublished 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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