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V1741-24 ·15 July 2024 ·consulta-vinculante Medium impact
Tax

Electricity Special Tax reduction cannot be applied to scrap metal separation and pressing activities

A scrap metal wholesaler has enquired whether electricity consumption used for separation and pressing activities qualifies for an 85% tax reduction. The Directorate-General for Taxes (DGT) has ruled that these activities do not constitute metallurgical processes under the law.

In 6 key points

How it affects those involved

Companies involved in scrap metal processing may be denied tax relief if their activities are not classified as metallurgical processes, potentially increasing operational electricity costs.

Lifecycle

2024-07-15PublishedPublished 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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