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V1936-24 ·9 September 2024 ·consulta-vinculante Medium impact
Tax

Buy-sell operations with deposit and right of sale classified as VAT-exempt financing services

A company not established in Spain acquires raw materials from local clients, deposits them in warehouses, and holds the right to resell them. The DGT has determined that this does not constitute a supply of goods, but rather a financial loan operation with a pledge, which is exempt from VAT.

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2024-09-09PublishedPublished in the BOE
Official text Based on BOE data (boe.es). Information, not advice.

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