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V1302-21 ·10 May 2021 ·consulta-vinculante Medium impact
Tax

Sale of a vehicle used for an exempt activity is taxable but exempt from VAT if no deduction was claimed

A non-profit entity has enquired whether the sale of a vehicle acquired in 2004 for an exempt activity is subject to VAT. The DGT has ruled that the transaction is taxable but exempt if the tax was not deducted at the time of purchase and the adjustment period has elapsed.

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2021-05-10PublishedPublished 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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