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V1324-16 ·31 March 2016 ·consulta-vinculante Medium impact
Tax

Discounts granted before or simultaneously to a transaction may reduce the VAT taxable amount

A public water utility company has enquired whether it may include discounts on invoices to reduce the taxable amount. The DGT has ruled that this is permissible provided certain legal requirements are met.

In 6 key points

Lifecycle

2016-03-31PublishedPublished 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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