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V1787-15 ·8 June 2015 ·consulta-vinculante Medium impact
Tax

The transfer of credits and the provision of financial guarantees are exempt from VAT

The inquiry analyzes the VAT exemption on the transfer of credits and the provision of guarantees, as well as its impact on deductions, the Transfer Tax and Stamp Duty (ITPAJD), and the Economic Activities Tax (IAE). The DGT determines that these financial operations are exempt from VAT and that the establishment of guarantees does not constitute an economic activity for the purposes of the IAE.

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2015-06-08PublishedPublished in the BOE
Official text Based on BOE data (boe.es). Information, not advice.

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