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V1296-20 ·7 May 2020 ·consulta-vinculante Medium impact
Tax

Financial product mediation may be VAT exempt if the intermediary performs an active role

A company sought clarification on whether its financial intermediation services between individuals and banks were exempt from VAT. The DGT explains that for mediation to be exempt, the service must go beyond the mere provision of information or advertising.

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Lifecycle

2020-05-07PublishedPublished 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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