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V1353-20 ·12 May 2020 ·consulta-vinculante Medium impact
Tax

IVA deductions allowed for a closed Dutch BV acting as a passive taxpayer

A Dutch closed company asks whether it can deduct VAT on property acquisition and promotion for rental. The DGT confirms that the company may be considered a passive taxpayer and deduct VAT if it operates as a trader with a permanent establishment and its activities generate a deduction right.

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2020-05-12PublishedPublished 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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