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V1348-20 ·11 May 2020 ·consulta-vinculante Medium impact
Tax

Acquisition of designs from a US entity subject to VAT via passive investor investment

A Spanish weapons manufacturing company seeks advice on VAT treatment for acquiring designs from a US entity. The DGT determines that the transaction constitutes a service supply subject to VAT in Spain, and the Spanish company must apply the passive investor investment rule.

In 6 key points

How it affects those involved

The transaction is classified as a service supply subject to VAT in Spain, requiring the Spanish company to apply the passive investor investment rule.

Lifecycle

2020-05-11PublishedPublished 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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