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V1542-18 ·6 June 2018 ·consulta-vinculante Medium impact
Tax

Financial intermediation by dealerships may be VAT exempt if mediation requirements are met

A vehicle dealership has requested clarification on whether its financial intermediation activities are exempt from VAT and how discounts from manufacturers and entities affect the taxable base. The DGT has ruled that mediation is exempt provided the dealership acts as an independent third party bringing the parties together, and has analysed the treatment of discounts and commissions.

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2018-06-06PublishedPublished 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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