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V1681-18 ·13 June 2018 ·consulta-vinculante Medium impact
Tax

The financing operation with pledge of olives is a supply of services subject to but exempt from VAT

A Spanish company inquired whether the sale of olives to a Dutch entity and its subsequent repurchase constituted supplies of goods. The DGT determines that the operation is in reality a loan with a pledge of raw materials, which constitutes a supply of financing services.

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2018-06-13PublishedPublished in the BOE
Official text Based on BOE data (boe.es). Information, not advice.

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