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V1735-19 ·9 July 2019 ·consulta-vinculante Medium impact
Tax

Software is not classified as an investment good for VAT purposes as it is an intangible asset

A query was raised regarding whether proprietary development software can be considered an investment good for VAT purposes. The DGT ruled that, as it is an intangible rather than a tangible asset, it does not meet the legal definition of an investment good.

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2019-07-09PublishedPublished 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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