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V1736-14 ·3 July 2014 ·consulta-vinculante Medium impact
Tax

Transfer of trademarks used in business activities is subject to 21% VAT and taxed as business income

An educational centre has requested a ruling regarding the taxation of the transfer of its commercial trademarks. The DGT has determined that the transaction is subject to VAT at the standard rate and, as the trademarks are used for business purposes, the income is classified as returns from economic activities.

In 6 key points

How it affects those involved

This ruling clarifies that the transfer of intellectual property used in a business is not exempt from VAT and must be reported as business income rather than capital gains.

Lifecycle

2014-07-03PublishedPublished 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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