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V1832-14 ·10 July 2014 ·consulta-vinculante Medium impact
Tax

Swiss parking meter rental to Spanish company subject to passive investment VAT and IRNR royalty

A Swiss company without a presence in Spain enquires about the nature of its parking meters and their taxation when leased to a Spanish company. The DGT determines that parking meters are movable property, the rental service is subject to passive investment VAT, and the income constitutes an IRNR royalty subject to a 5% cap under the Agreement.

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2014-07-10PublishedPublished in the BOE
Official text Based on BOE data (boe.es). Information, not advice.

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