Skip to content
V1973-18 ·2 July 2018 ·consulta-vinculante Medium impact
Tax

Financial product mediation is VAT exempt if performed actively and not as mere provision of information

An entity inquired whether the marketing of financing products (loans, cards, etc.) is exempt from VAT. The DGT ruled that to benefit from the exemption, the activity must constitute genuine mediation rather than the simple provision of information or advertising.

In 6 key points

How it affects those involved

This ruling clarifies the distinction between taxable information services and VAT-exempt mediation services in the financial sector, impacting how intermediaries structure their service offerings.

Lifecycle

2018-07-02PublishedPublished in the BOE
Official text Based on BOE data (boe.es). Information, not advice.

Does this provision affect you?

The tax team reviews your specific situation.

Talk to the tax team
This analysis is informational only and does not constitute legal advice or create a client-adviser relationship. BM Consulting.
Email
Contact