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V1814-18 ·21 June 2018 ·consulta-vinculante Medium impact
Tax

Financial intermediation by dealerships may be VAT exempt if mediation requirements are met

A query was raised regarding whether the financial intermediation activity of a manufacturer and its dealerships is exempt from VAT and how discounts affect the taxable base. The DGT determines that the activity is exempt if it qualifies as mediation and analyses the treatment of discounts depending on which party grants them.

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2018-06-21PublishedPublished 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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