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V1726-22 ·20 July 2022 ·consulta-vinculante Medium impact
Tax

Branch services to parent company ineligible for VAT exemption due to lack of independence

A banking entity based in Spain with a branch in another Member State sought clarification on whether financial mediation services between them were subject to or exempt from VAT. The DGT ruled that, as the branch lacks its own legal personality, it does not operate with the independence required for the exemption.

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2022-07-20PublishedPublished in the BOE
Official text Based on BOE data (boe.es). Information, not advice.

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